Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones may witness a downward trend 26/4/2023
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 …
Read More »Gold is still within the bearish corrective path 26/4/2023
A mixed trading session dominated gold prices yesterday after it achieved the first target that needed to be touched, located at the price of 1978, recording its lowest price of 1976, to start an upward rebound due to touching the support represented in the target. Technically, and despite the stability …
Read More »Euro is waiting for a stronger move signal 26/4/2023
The Eurodollar pair achieved limited gains during the previous trading session after consolidating above the psychological barrier 1.1000, close to the required target 1.1090, to record its highest level at 1.1070. Technically, The pair found a strong resistance level at 1.1070, which forced it to retreat and witness stability again …
Read More »Dow Jones is holding above initial support 25/4/2023
Oil, Crude, trading
Read More »CAD maintains the same technical conditions 25/4/2023
The technical outlook remains unchanged, and the pair’s movements did not change, trying to maintain positive stability, as we mentioned during the previous analysis. Technically, the pair confirmed the breach of the resistance level of 1.3500, which turned into a support level according to the concept of role exchange, and …
Read More »GBP touches the required target 25/4/2023
Oil, Crude, trading
Read More »Oil tests the resistance 25/4/2023
Mixed trading dominated the movements of US crude oil futures contracts, invalidating the bearish scenario published during the previous analysis to return to stability again above the level of 77.80, explaining that breaching the mentioned level can nullify the bearish scenario. As a result, oil prices rise to around 78.80, …
Read More »