Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones touches the bearish target 27/4/2023
CAD trying to maintain the bullish path 27/4/2023
The bullish trend still dominates the Canadian dollar’s movements, with a gradual rise to the upside within the expected bullish context. However, it reached its highest level, around 1.3650 resistance, which succeeded in limiting the bullish bias. Technically, the bullish trend is still the most preferred, relying on trading stability …
Read More »GBP maintains positive stability 27/4/2023
Oil, Crude, trading
Read More »Oil loses 4% and the selling pressure continues 27/4/2023
The US crude oil futures prices incurred heavy losses, exceeding the target to be achieved at the price of 76.10, recording its lowest level of $74.10 per barrel. Technically, with the regularity of work within the descending channel as shown on the 240-minute chart, and with the negative intersection of …
Read More »Gold needs to get out of the symmetrical triangle 27/4/2023
Gold prices reversed the bearish corrective trend, as we expected during the previous technical report, in which we relied on the negativity of technical indicators, in addition to the stability of trading below the 2006 resistance level at the time of the report’s release, recording its highest level at $2009 …
Read More »Euro needs to confirm the positivity 27/4/2023
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating buying positions depends on the pair breaching the 1.1000 resistance level, which leads the pair to recover, touching the pending buy order targets at 1.1080, recording its highest price at 1.1095. The …
Read More »Dow Jones may witness a downward trend 26/4/2023
Oil, Crude, trading
Read More »CAD achieves the bullish goals 26/4/2023
As we expected, the Canadian dollar provided a noticeable rally during the previous trading session to touch the required bullish targets at 1.3590 & 1.3620, recording its highest level at 1.3647. Technically, the bullish trend is still the most preferred, relying on building a good support floor around the previously …
Read More »GBP is testing support 26/4/2023
Oil, Crude, trading
Read More »Oil and selling pressure is in place 26/4/2023
Negative movements continue to put pressure on the prices of US crude oil futures within the expected bearish context, touching the first target to be achieved during the previous technical report at the price of 77.20, recording its lowest level at $76.60 per barrel. Technically, the bearish direction during today’s …
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