Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones Faces Selling Pressure
GBP/JPY: Negative Pressure Remains
GBP/JPY managed to touch the first official target at 148.90, recording its lowest level at 148.95. On the technical side today, and with a careful look at the 240-minute chart, we find the negative features are still dominating the stochastic indicator and the stability of the intraday trading below the …
Read More »CAD: Looking For Momentum
Positive trading dominated the movements of the Canadian dollar during the previous trading session within the bullish context, as we expected, approaching by a few points from the published target of 1.2860, recording its highest level at 1.2850. Technically, and by looking at the 4-hour chart, we notice that the …
Read More »The British Pound Maintains Bearish Trend
Oil, Crude, trading
Read More »Oil Touches Goal
Oil, Crude, trading
Read More »Gold is Looking For a Direction
Positive trading dominated the prices of the yellow metal yesterday, nullifying the negative outlook as we expected and touching the stop losses order published during the previous analysis at 1771; we indicated yesterday that any attempts to breach the 1771 resistance level could postpone the bearish bias and we witness …
Read More »The Euro Maintains Negative Stability
The euro maintains negative stability with movements that tended to negativity during the previous session, stable below the resistance level of 1.1740. Technically, and with careful consideration on the 240-minute chart, we find the stochastic started gradually losing the bullish momentum, accompanied by the negative pressure coming from the 50-day …
Read More »German DAX Retests Resistance
Negative trading dominated the German DAX index, recording its lowest level during the previous trading session, around 14,966. Technically, the current moves are witnessing a slight bullish slope that aims to gather the price to retest the 15,360 level before resuming the decline again. RSI supports the aforementioned bullish corrective …
Read More »Dow Jones Incurs Huge Losses
Oil, Crude, trading
Read More »GBP/JPY: Settled Below Support
GBP/JPY fell significantly during the previous trading session, touching the extended target at 149.50, posting the lowest price of 149.20. On the technical side today, we believe that the current positive movements are temporary, and we find that Stochastic has started to lose bullish momentum. Therefore, the bearish bias is …
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