Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones Industrial Average May Witness a Temporary Downward Slope
GBP/JPY: Settled Below Resistance
The British pound against its Japanese counterpart was able to touch the first official target required to be achieved during the previous analysis, 152.00, recording the lowest of 151.99. On the technical side, today, we prefer to maintain our short positions, relying on the negativity of the stochastic indicator, which …
Read More »CAD is on a Narrow Path And Maintains Positive Stability
The Canadian dollar did not show any movement during the previous trading session and continues to maintain trading above the 1.2500 support level. Technically, the pair maintains stability above the pivotal support floor 1.2500, 38.20% Fibonacci correction, accompanied by stochastic attempts to gain additional momentum. Therefore, we will keep our …
Read More »Sterling Based on Support And Positivity Remains
Oil, Crude, trading
Read More »US Crude Oil Faces Selling Pressure
Oil, Crude, trading
Read More »Gold: Eyes on $1800 Levels
Gold prices made noticeable gains last Friday, within the expected bullish context during the previous analysis, touching the official target station 1768, recording the highest level of 1800. Technically, and by looking at the 4-hour chart, the prices settled above 1768 represented by the 61.80% Fibonacci correction as shown on …
Read More »Euro Trying to Recover Against The US Dollar
A noticeable surge of the euro against the US dollar at the end of last week’s trading, nullifying the expected negative outlook during the previous analysis, touching the stop-loss order 1.1800, recording the highest level at 1.1804. On the technical side today, we find the euro succeeded in stabilizing above …
Read More »Dax Faces a Support Retest Scenario
Positive trading dominated the movements of the German DAX index, reaching its highest level during the early trading of the current session at 15,940. On the technical side, today, we are inclined to the positivity based on the positive signals coming from the RSI, accompanied by the positive motive of …
Read More »Dow Jones is Making Significant Gains
Oil, Crude, trading
Read More »GBP/JPY: Begins to Pressure Support
Negative trading dominates the movements of the pound against the Japanese yen, with the opening of the current trading session, recording its lowest level at 152.30. On the technical side, we are inclined to the negativity today, relying on the negative pressure of the simple moving averages, which is accompanied …
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