Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Oil Based on Support 4/1/2022
Gold Hovers Around Support And Confirming The Break Extends The Losses 4/1/2022
The yellow metal prices declined noticeably yesterday, after it recorded the highest level of $ 1831 per ounce, to find a strong resistance level around the mentioned level, which forced it to retest the pivotal support level at 1797. On the technical side today, and by looking at the 240-minute …
Read More »The Euro Hits Strong Supply Level, Negativity Remains 4/1/2022
The single European flag faced selling during the last trading session due to hitting the strong supply level at 1.1380, which forced it to trade negatively to retest the psychological support level of 1.1300. Today’s technical aspect indicates the possibility of continuing the decline. With a closer look at the …
Read More »GBP/JPY: Touches Bullish Targets 16/12/2021
GBP/JPY achieved the idea of the rise published during the previous analysis, touching the official target of 151.40, recording its highest level of 151.40. On the technical side today, looking at the 240-minute chart, we find the simple moving averages continuing to support the bullish curve, in addition to the …
Read More »The Canadian Dollar Extends Gains 16/12/2021
Remarkable positive trades dominated the movements of the Canadian dollar within the bullish context as we expected it to touch the first target that is required to be achieved during the previous analysis 1.2910 and is approaching by a few points from the second target 1.2950, recording the highest level …
Read More »The Pound Below Resistance 16/12/2021
Oil, Crude, trading
Read More »Oil Start on Positive 16/12/2021
Oil, Crude, trading
Read More »Gold is Looking For a Clearer Direction 16/12/2021
Mixed trading dominated the movements of the yellow metal after the Federal Reserve’s decision yesterday, recording its lowest level near the 1753 support, to return to the bullish rebound and is now hovering around 1783 areas. On the technical side, the 14-day momentum indicator is stable above its mid-line, supporting …
Read More »The Euro is Waiting For a New Signal Ahead of The ECB Decision 16/12/2021
The single European currency achieved the official target required to be at 1.1220 areas, to record its lowest level at 1.1220 and return to the bullish rebound, taking advantage of the demand level represented by the target. Technically, we find the pair stable above 1.1220, and we notice that the …
Read More »German Dax is Facing Negative Pressure 14/12/2021
The German DAX index managed to achieve the second official target required to be touched during the previous trading session, at 15,780, to record its highest level of 15,793. On the technical side, today, the index hit the strong resistance level, which forced it to trade negatively. With a closer …
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