Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones give up its gains 14/9/2022
CAD breaks through the resistance 14/9/2022
The Canadian dollar jumped during the previous trading session to return to the bullish track again after it confirmed the breach of the resistance level of 1.3120, recording the highest level at 1.3181. Technically, and with a careful look at the 4-hour chart, we find the simple moving average has …
Read More »GBP: Breaking the support may stop the bullish correction 14/9/2022
Oil, Crude, trading
Read More »Oil is waiting for a new signal 14/9/2022
We adhered to intraday neutrality during the previous report due to the conflicting technical signals, explaining that activating the bullish path depends on confirming the breach of the 88.40 resistance level to enhance the chances of a rise towards the first target 89.45, recording the highest level of 89.30 during …
Read More »Gold surrenders to the strength of USD 14/9/2022
A noticeable decline in gold prices within the negative outlook as we expected, in which we relied on the stability of trading below 1726, and most importantly 1733 touching the required target 1710, explaining that breaking the target level increases the chances of touching 1695, recording its lowest level of …
Read More »Euro gives up its gains against the dollar 14/9/2022
The European currency fell in the middle of the previous trading session, under pressure from the rise of the US dollar, affected by the continued increase in US inflation levels. We explained that the “consumer price index” has a significant impact, and we may witness high price fluctuations, to visit …
Read More »Dow Jones continues to advance of US inflation data 13/9/2022
Oil, Crude, trading
Read More »CAD continues its decline 13/9/2022
The technical outlook remains unchanged, to find the Canadian dollar maintaining negative stability, as we expected, touching our first target to be achieved at 1.2975, recording its lowest level at 1.2963. Technically, and carefully considering the chart, the pair confirmed the breach of 1.3060, and the current moves are witnessing …
Read More »GBP maintains positive stability 13/9/2022
Oil, Crude, trading
Read More »Oil awaiting pending orders 13/9/2022
US crude oil futures prices jumped during the previous trading session, nullifying the negative outlook as we expected, in which we relied on the stability of trading below 86.40, explaining that skipping upwards and consolidating above 86.40 leads oil to complete the bullish correction. We wait for touching 87.50 and …
Read More »