Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP advancing against USD 17/1/2023
Oil repeats the gradual rise 17/1/2023
Mixed trading dominated the prices of US crude oil futures within both the bullish and bearish paths, with the beginning of this week’s trading recording a high of 80.00, then quickly returning to the bottom, recording a low of around 78.60. On the technical side today, the current movements are …
Read More »Gold may test the moving average 17/1/2023
Gold prices jumped at the beginning of this week’s trading, achieving significant gains, surpassing the official target mentioned last Friday at 1910, recording its highest level at $1929 per ounce. Technically, by looking, we find the 1930 resistance level that formed an obstacle in front of the price to force …
Read More »Euro trying to build on support 17/1/2023
Movements tending to be positive were quiet during the US markets holiday, for the EUR/USD pair to benefit from the support level of 1.0780, trying to maintain the bullish context, as the current movements witness intraday stability above the psychological barrier of 1.0800. Technically, and by looking at the 240-minute …
Read More »Dow Jones is making good gains ahead of the inflation data 12/1/2023
Oil, Crude, trading
Read More »CAD is waiting for pending orders 12/1/2023
The Canadian dollar achieved some modest positivity during the previous trading session, with a view of retesting the 1.3460 resistance level to settle for recording the highest at 1.3445. Technically, and by looking at the 4-hour chart, we notice the stability of the RSI around neutrality areas, in addition to …
Read More »GBP keeps climbing gradually 12/1/2023
Oil, Crude, trading
Read More »Oil breaks through resistance 12/1/2023
Positive trades dominated the prices of US crude oil futures contracts, invalidating the official bearish scenario as we expected after it managed to build on stability above the support level of 74.30 and after succeeding in breaching the resistance of 75.60, explaining that the rise above 75.60 can thwart the …
Read More »Gold maintains gains and eyes on inflation data 12/1/2023
We adhered to intraday neutrality during the previous decision due to a conflict between the technical signals. However, we made it clear that breaching the 1880 resistance level could consolidate gold gains to visit our first target for the previous report at 1887, so that gold prices recorded their highest …
Read More »Euro continues to gradually climb towards targets 12/1/2023
Positive, calm trades dominated the movements of the EUR/USD pair within the expected bullish path and a gradual rise to the top, touching the first target to be achieved yesterday at 1.0780, recording its highest level at 1.0778. Technically, we find the current movements of the pair trying to settle …
Read More »