Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP stable below resistance 12/12/2023
Oil is looking for momentum 12/12/2023
The US crude oil futures contracts showcased a resurgence of positive momentum, steering away from their lengthiest series of losses since 2018 and attaining a recent peak at $71.77 per barrel in the previous trading session. From a technical standpoint, the outlook leans towards optimism, buoyed by encouraging signals emanating …
Read More »Gold may resume the downward correction 12/12/2023
Gold experienced a significant decline in the initial trading session of the week, following the anticipated downward trajectory after its inability to sustain positive stability above the $2000 threshold, ultimately reaching its lowest point at $1975 per ounce. In terms of technical analysis today, a closer examination of the 4-hour …
Read More »Euro is looking for a direction 12/12/2023
The EUR/USD pair remains ensconced in a narrow sideways trend, with its movements constrained below the robust support level of 1.0760 and above the resistance level of 1.0820. Upon closer examination of the 240-minute time frame chart from a technical perspective, the simple moving averages persistently exert downward pressure on …
Read More »Nasdaq building on support 8/12/2023
Oil, Crude, trading
Read More »Dow Jones rises cautiously, eyes on employment data 8/12/2023
Oil, Crude, trading
Read More »CAD above support 8/12/2023
The Canadian dollar exhibited a notable upward momentum, aligning with the anticipated positive outlook and reaching the initial target specified in the previous technical report at the price of 1.2625. The pair achieved its highest level at 1.3620. Upon closer examination of the 4-hour chart from a technical perspective, the …
Read More »USD/JPY are falling 8/12/2023
japanese-yen
Read More »GBP trying to rise 8/12/2023
Oil, Crude, trading
Read More »Oil is trying to reduce losses 8/12/2023
Mixed trading characterized the US crude oil futures contracts in the previous session, ultimately registering a low at $68.83 per barrel. From a technical standpoint, the $68.80 level effectively mitigated the bearish inclination, prompting a rebound in oil prices. Presently, movements exhibit stability above the psychological barrier of $70.00. A …
Read More »