Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones tries to hold above support 16/4/2025
CAD is trending down, all eyes on BoC 16/4/2025
The Canadian dollar remains under sustained downward pressure, with the pair extending its losses over several consecutive sessions and reaching a recent low of 1.3828. From a technical standpoint, the 4-hour chart confirms the continuation of the dominant downtrend. Price action remains firmly below the key simple moving averages, which …
Read More »GBP gains positive momentum 16/4/2025
Oil, Crude, trading
Read More »Oil hits resistance 16/4/2025
U.S. crude oil futures are facing strong resistance near the $61.60 level, which has exerted downward pressure on prices. As a result, oil has retreated and is currently trading around $60.50 per barrel. From a technical perspective, the 50-period simple moving average—hovering near the $61.50 zone—is acting as a firm …
Read More »Euro is trying to find a bottom 16/4/2025
The key support level highlighted in the previous report at 1.1260 successfully halted the recent bearish pressure, triggering a bullish rebound in line with the expected positive scenario. The EUR/USD pair is currently trading around 1.1335. From a technical standpoint, the euro appears to have established a solid base near …
Read More »Dow Jones tries to hold onto gains 15/4/2025
Oil, Crude, trading
Read More »CAD continues to decline 15/4/2025
The Canadian dollar remains under sustained downward pressure, with the pair extending its losses over several consecutive sessions and reaching a recent low of 1.3828. From a technical standpoint, the 4-hour chart confirms the continuation of the dominant downtrend. Price action remains firmly below the key simple moving averages, which …
Read More »GBP between correction and trend 15/4/2025
Oil, Crude, trading
Read More »Oil is trying to break through the resistance 15/4/2025
U.S. crude oil futures are experiencing volatility, reversing recent gains and opening the session with a bearish gap. At the time of writing, prices have dipped to a session low of $69.29 per barrel. From a technical perspective, the price has settled below the 50-day simple moving average at $70.90, …
Read More »The Euro benefits from momentum indicators 15/4/2025
The EUR/USD pair remains confined within a narrow sideways range, with a slight bearish bias, after touching a recent low of 1.1296 in the previous session. From a technical standpoint, the 4-hour chart shows the Relative Strength Index (RSI) beginning to ease out of oversold conditions, suggesting a potential shift …
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