Noor Trends News, Technical Analysis, Educational Tools and Recommendations
The Bitcoin market remains in a sideways trading range that began in February. Despite experiencing some volatility recently, the overall trend suggests a gradual upward movement.Key Technical Levels:Resistance: The $70,000 level is a crucial resistance point due to its psychological significance. Breaking above this level could signal a stronger uptrend, …
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22 April, 2025 1:47 am
These Assets Could Be Most Impacted If Trump Decides To Fire Fed Chair
This report examines whether a Federal Reserve Chair has ever been fired by a U.S. president, analyz…
22 April, 2025 12:34 am
US Dollar Plummets to Three-Year Low Amid Fed Independence Fears
The US Dollar Index (DXY) is reeling near 98.50, marking a three-year low after a sharp decline on M…
21 April, 2025 11:37 pm
Bitcoin Rallies 2% to $86,955: Whale Accumulation and Predictions Signal Volatility Ahead
Bitcoin is riding a wave of bullish momentum, trading at $86,955 with a 2% gain as of April 21, 2025…
21 April, 2025 10:22 pm
Tech and Media Stocks Tumble Amid Tariff Fears and Economic Uncertainty
Wall Street kicked off the week with sharp declines, as tariff uncertainties and economic concerns r…
21 April, 2025 9:20 pm
USD/CAD Price Analysis: Political Pressures Weigh on US Dollar
The USD/CAD currency pair is experiencing downward pressure, hovering around the 1.3800 level as the…
21 April, 2025 8:51 pm
Oil Prices Slide As US-Iran Talks Progress, Demand Fears Accelerate
Oil prices tumbled nearly 3% on April 21, 2025, as signs of progress in US-Iran nuclear talks and mo…
21 April, 2025 7:53 pm
Gold Soars to Record High Near $3,425 Amid Trump-Powell Feud, Trade Tensions
Gold prices skyrocketed to a record high near $3,425 during North American trading hours on Monday, …
21 April, 2025 2:59 pm
U.S. Stock Futures Slide as Trump-Powell Rift Undermines Market Confidence
U.S. stock index futures fell sharply on Monday as investors reacted to mounting tensions between Pr…
21 April, 2025 1:32 pm
Dollar Plunges to Multi-Year Lows as Trump’s Fed Shake-Up Plan Jolts Investor Confidence
The U.S. dollar tumbled sharply on Monday, hitting multi-year lows against key global currencies, as…
21 April, 2025 12:36 pm
Oil Prices Slip Nearly 2% as U.S.-Iran Nuclear Talks and Russia-Ukraine Ceasefire Ease Supply Concerns
Oil prices fell sharply in early Asian trading on Monday, as progress in U.S.-Iran nuclear negotiati…
Market Analysis
October, 2024
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22 October 2024 7:46 pm
USD/JPY Price Forecast: Testing Key Technical Levels
The USD/JPY pair is currently trading near the 151.00 level, influenced by rising US Treasury yields but facing resistance from the Ichimoku Cloud’s upper boundary. Bullish momentum persists, as indicated by the RSI hitting a new high, suggesting potential upside towards the 200-day moving average (DMA) at 151.36 and beyond.If …
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22 October 2024 3:43 pm
UK Public Borrowing Exceeds Forecasts, Presenting Challenge for Finance Minister Rachel Reeves
British public borrowing in the first six months of the tax year exceeded official forecasts, posing a challenge for Finance Minister Rachel Reeves ahead of her first budget next week. Borrowing totaled £79.6 billion ($103.5 billion) from April to September, nearly £7 billion higher than projections made by the Office …
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22 October 2024 2:08 pm
Oil Prices Steady Near $74 Amid Middle East Ceasefire Efforts and Slowing Chinese Demand
Oil prices hovered near $74 a barrel on Tuesday as geopolitical tensions in the Middle East and concerns over weakening demand growth in China, the world’s top oil importer, continued to influence the market. Brent crude futures for December delivery slipped 20 cents, or 0.27%, to $74.09 per barrel by …
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22 October 2024 1:53 pm
European Stocks Slip Amid Geopolitical and Rate-Cut Uncertainties, SAP Boosts Tech Sector
European stocks dipped on Tuesday as investors grappled with geopolitical tensions and uncertainties over global interest rate cuts. The pan-European STOXX 600 index edged down 0.3% by 0830 GMT, as lingering concerns about the European economy and Chinese demand weighed on market sentiment. The broader decline was softened by German …
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22 October 2024 12:55 pm
Bitcoin Falls Amid U.S. Election Uncertainty and Slower Fed Rate Cut Expectations
Bitcoin prices fell on Tuesday, retreating from recent three-month highs as broader market uncertainty ahead of the U.S. presidential election dampened risk appetite. Bitcoin dropped 2.4% to $67,412.5, pulling back from a recent peak of $69,000, failing to break through the key $70,000 level that many analysts viewed as a …
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22 October 2024 11:03 am
Dollar Strength and Fed’s Approach to Rate Cuts
The U.S. dollar remained strong on Tuesday, holding near a 2-1/2-month high due to expectations that the Federal Reserve will adopt a cautious approach to cutting interest rates. This strength, buoyed by rising U.S. Treasury yields, has put pressure on the yen, euro, and British pound. The dollar’s rally is …
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22 October 2024 10:03 am
Gold Prices Steady Near Record Highs Amid Election Uncertainty and Middle East Tensions
Gold prices gained in Asian trade on Tuesday, stabilizing just below their recent record highs as traders sought safe havens due to growing uncertainty surrounding the upcoming U.S. presidential election. The anticipation of a tight race between Donald Trump and Kamala Harris has pushed investors towards safer assets like gold, …
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22 October 2024 1:39 am
Treasury Yields Resume Upward Trend Following Fed Remarks
US Treasury yields initiated an upward climb at the start of the new trading week, fueled by statements from the Federal Reserve that highlighted a preference for a gradual approach to interest rate cuts in the coming period.The yield on 10-year US Treasury bonds rose to 4.182%, compared to the …
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22 October 2024 12:24 am
Gold Halts Climb After Record Highs
The price of gold stopped increasing after reaching record highs due to statements from the Federal Reserve. The Fed suggested a potential gradual reduction in interest rates, which could affect the appeal of gold as a safe-haven asset. This news, along with concerns about the U.S. labor market, has led …
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21 October 2024 11:20 pm
Market Drivers; US Session
Dollar Strengthens Amid Rising Yields, Renewed “Trump Trade”The US Dollar Index (DXY) continued its upward trajectory on Tuesday, October 22, approaching three-month highs as investors responded to higher interest rates and a resurgence of the “Trump trade.” Key economic events and speeches from Federal Reserve officials will shape the market’s …
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21 October 2024 10:44 pm
Dow Jones Sheds 330 Points as Bullish Momentum Pauses
Dow Jones Industrial Average (DJIA) experienced a setback on Monday, declining by 330 points (0.8%) as equity markets retreated from recent record highs.The decline was primarily attributed to a pause in bullish momentum, with the Dow Jones bearing the brunt of the sell-off. Investors grappled with conflicting factors: the anticipation …
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21 October 2024 9:01 pm
Dollar Holds Steady Amid Geopolitical Tensions, Fed Comments
The US Dollar maintained its strength on Monday, buoyed by escalating tensions in the Middle East and supportive remarks from Federal Reserve officials. However, profit-taking activity tempered the Greenback’s gains, as investors digested positive economic news from China and its government’s stimulus measures.Geopolitical Tensions: The ongoing tensions in the Middle …
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