Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP maintains positive stability 27/4/2023
Oil loses 4% and the selling pressure continues 27/4/2023
The US crude oil futures prices incurred heavy losses, exceeding the target to be achieved at the price of 76.10, recording its lowest level of $74.10 per barrel. Technically, with the regularity of work within the descending channel as shown on the 240-minute chart, and with the negative intersection of …
Read More »Gold needs to get out of the symmetrical triangle 27/4/2023
Gold prices reversed the bearish corrective trend, as we expected during the previous technical report, in which we relied on the negativity of technical indicators, in addition to the stability of trading below the 2006 resistance level at the time of the report’s release, recording its highest level at $2009 …
Read More »Euro needs to confirm the positivity 27/4/2023
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, explaining that activating buying positions depends on the pair breaching the 1.1000 resistance level, which leads the pair to recover, touching the pending buy order targets at 1.1080, recording its highest price at 1.1095. The …
Read More »Dow Jones may witness a downward trend 26/4/2023
Oil, Crude, trading
Read More »CAD achieves the bullish goals 26/4/2023
As we expected, the Canadian dollar provided a noticeable rally during the previous trading session to touch the required bullish targets at 1.3590 & 1.3620, recording its highest level at 1.3647. Technically, the bullish trend is still the most preferred, relying on building a good support floor around the previously …
Read More »GBP is testing support 26/4/2023
Oil, Crude, trading
Read More »Oil and selling pressure is in place 26/4/2023
Negative movements continue to put pressure on the prices of US crude oil futures within the expected bearish context, touching the first target to be achieved during the previous technical report at the price of 77.20, recording its lowest level at $76.60 per barrel. Technically, the bearish direction during today’s …
Read More »Gold is still within the bearish corrective path 26/4/2023
A mixed trading session dominated gold prices yesterday after it achieved the first target that needed to be touched, located at the price of 1978, recording its lowest price of 1976, to start an upward rebound due to touching the support represented in the target. Technically, and despite the stability …
Read More »Euro is waiting for a stronger move signal 26/4/2023
The Eurodollar pair achieved limited gains during the previous trading session after consolidating above the psychological barrier 1.1000, close to the required target 1.1090, to record its highest level at 1.1070. Technically, The pair found a strong resistance level at 1.1070, which forced it to retreat and witness stability again …
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