Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP: Looking for catalyst 3/1/2023
Oil is holding above support 3/1/2023
Positive attempts for US crude oil futures prices within the expected bullish path to touch the first target mentioned in the previous technical report, at 80.50, recording its highest level of $80.67 per barrel. Technically, by looking at the 4-hour chart, the simple moving averages support the possibility of an …
Read More »Gold touches targets and starts the year positively 3/1/2023
Gold prices opened their first annual transactions with a noticeable increase within the expected upward path during the last report. As a result, we targeted the 1824 level, recording its highest level during the morning trading of today’s session at 1848. Technicals indicate the possibility of resuming the upward path, …
Read More »Euro is trying to maintain the positive stability 3/1/2023
Quiet trades tended to positively dominate the movements of the EUR/USD pair to start attacking the resistance level of the psychological barrier 1.0700, which still an obstacle in front of the pair. Technically, by looking at the 240-minute chart, we find the 50-day simple moving average still carries the price …
Read More »Dow Jones starts gapping upwards 27/12/2022
Oil, Crude, trading
Read More »CAD: Negative pressure remains 27/12/2022
Negative trades continue to control the movements of the Canadian dollar due to the collision with the pivotal resistance level at 1.3680, which forced the pair to move negatively towards the last expected target at 1.3570, recording its lowest level at 1.3550. Technically, our trading tends to be negative, relying …
Read More »GBP: stable below resistance 27/12/2022
Oil, Crude, trading
Read More »Gold retesting resistance 27/12/2022
Gold prices started the morning trading of the current session on an upward slope, recording its highest level at $1806 per ounce, building on the bullish rebound as a result of the intraday stability above 1795. Technically, we find the 50-day simple moving average has returned to hold the price …
Read More »Euro continues its gradual rise 27/12/2022
The Eurodollar pair opened its weekly trading on an upward slope, as we expected, heading to visit the first target to be achieved during the last report at 1.0660, recording its highest level during the Asian session for today’s session at 1.0660. On the technical side today, and by looking …
Read More »Dow Jones is under selling pressure 23/12/2022
Oil, Crude, trading
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