A weak bullish trend, as we mentioned, dominated the Canadian dollar’s movements yesterday within the targeted bullish path, surpassing the required target of 1.3760 and recording its highest level around the resistance of the psychological barrier of 1.3800. Technically, the pair failed to stabilize for a long time above 1.3800 …
Read More »
Oil, Crude, trading
Read More »
Mixed trading dominated the futures prices of US crude oil yesterday, trying to maintain the expected bullish context during the previous analysis, in which we relied on stability above the strong support level 88.10 to end its daily trading above the mentioned level, and it is now trading around 88.80. …
Read More »
A bearish trend dominated gold prices to touch the awaited weekly target at 1615, recording its lowest level during the last session’s trading of 1616. Technically: Gold’s movements witnessed a bullish rebounding tendency to the upside as a result of touching the main support of the current trading levels represented …
Read More »
Negative trading witnessed the euro’s movements against the US dollar yesterday, within the expected bearish context, touching the first to be achieved at 0.9770, to extend its losses approaching a few points from the second target of 0.9710, recording its lowest trading at 0.9730. Technically, the simple moving averages still …
Read More »
Oil, Crude, trading
Read More »
Positive trading returned to control the movements of the Canadian dollar to reflect the daily bearish trend as we expected, touching the stop-loss order published during the previous analysis at the price of 1.3680, supported by the rise of the US dollar. Technically, the pair is now hovering around the …
Read More »
Oil, Crude, trading
Read More »
US crude oil futures prices hit the first awaited target yesterday at 90.00 to succeed in recording the highest price of $90.35 per barrel. Looking at the chart, crude oil is consolidating above the strong support floor at 88.10, accompanied by the positive motive coming from the 50-day simple moving …
Read More »
Gold prices witnessed mixed movements during the previous trading session, influenced by the Federal Reserve’s decision to raise interest rates by 75 basis points for the fourth time this year. Technically, trading quickly returned to stability below the strong supply area published during all technical reports for the current week …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
