Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones struggles to hold above Key support 15/5/2025
CAD starts positively 15/5/2025
The Canadian dollar has resumed an upward corrective trend after establishing a solid support base around the psychological level of 1.3900. From a technical standpoint, the 4-hour chart indicates that bullish momentum is gaining traction. The pair is now supported by upward-sloping simple moving averages, which are once again acting …
Read More »GBP to break support 15/5/2025
Oil, Crude, trading
Read More »Oil hovers near support, Eyes potential rebound 15/5/2025
U.S. crude oil futures are currently trading with a bearish tone, following a retreat from the recent high of $63.64 per barrel recorded in the previous session. Technically, the price is attempting to stabilize near the key support level at $61.20, suggesting the possibility of a short-term rebound. This potential …
Read More »Gold breaks through uptrend support line 15/5/2025
Gold prices declined sharply in the previous session, pressured by profit-taking after strong gains earlier in the year. The market reached key downside targets outlined in the previous report, with prices falling to a low of $3,148 during early trading today. From a technical perspective, the 4-hour chart reveals a …
Read More »Euro weakens as Dollar gains ground 15/5/2025
The euro is facing renewed intraday selling pressure as the U.S. dollar attempts to stage a modest rebound. From a technical standpoint, the 4-hour (240-minute) chart shows the pair trading below the 50-period simple moving average, which is acting as strong resistance near the 1.1250 level. Additionally, the Relative Strength …
Read More »Dow Jones tries to hold above support 16/4/2025
Oil, Crude, trading
Read More »CAD is trending down, all eyes on BoC 16/4/2025
The Canadian dollar remains under sustained downward pressure, with the pair extending its losses over several consecutive sessions and reaching a recent low of 1.3828. From a technical standpoint, the 4-hour chart confirms the continuation of the dominant downtrend. Price action remains firmly below the key simple moving averages, which …
Read More »GBP gains positive momentum 16/4/2025
Oil, Crude, trading
Read More »Oil hits resistance 16/4/2025
U.S. crude oil futures are facing strong resistance near the $61.60 level, which has exerted downward pressure on prices. As a result, oil has retreated and is currently trading around $60.50 per barrel. From a technical perspective, the 50-period simple moving average—hovering near the $61.50 zone—is acting as a firm …
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