A gradual rise in gold prices within the positive outlook expected during the previous report reached the first official target required yesterday at $1994 per ounce, recording the highest price. Technically, and by looking at the 4-hour time frame chart, we find gold stable above the 1977 resistance level, represented …
Read More »
A downward trend within the expected bearish path dominated the EURUSD pair’s movements. It approached the first target of 1.0500 and posted its lowest level at 1.0520. The technical aspect today indicates the possibility of resuming the bearish tendency, relying on the stability of intraday trading below the resistance level …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
The Canadian dollar jumped and achieved significant gains yesterday, as we expected. It reached the official target station at 1.3815 and recorded its highest level at 1.3818. Technically, we are leaning towards the positive, relying on the pair’s success in establishing a good support ground around 1.3760. In addition, the …
Read More »
japanese-yen
Read More »
Oil, Crude, trading
Read More »
US crude oil futures prices declined significantly during the previous trading session within the expected downward trend, touching the official target station at 82.40, recording its lowest level at $82.15 per barrel. Technically, when we look closer at the 240-minute time frame chart, we notice the 50-day simple moving average …
Read More »
Positive trading dominated gold price movements yesterday, in line with the positive outlook expected in the previous technical report. In this report, we relied on the ability of the gold price to consolidate above 1977, heading towards the first official target of 1980. The metal recorded its highest level during …
Read More »
Negative trading dominated the movements of the euro against the US dollar, invalidating the bullish scenario expected during the previous report, in which we relied on the stability of intraday trading above the level of 1.0570 at the time the report was issued, clarifying that sneaking below 1.0560 constitutes a …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
