Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP touches the target 28/4/2023
Oil loses momentum and negativity remains 28/4/2023
Mixed trading tended to be positive, dominating the movements of the US crude oil futures contracts during the previous trading session, trying to take advantage of the support base for the psychological barrier of 74.00 within limited attempts to achieve some bullish rebound. Technically, the simple moving averages continue to …
Read More »Euro is testing support 28/4/2023
A limited bearish tendency dominated the movements of the EUR/USD pair during the previous trading session due to the selling pressure around the 1.1060 resistance level, which led the pair to retest the 1.1000 support. On the technical side today, and with a closer look at the 4-hour chart, we …
Read More »Most of Japan’s stocks rose at the close after the announcement of the companies’ results
Most Japanese stocks rose on Thursday, led by manufacturing companies, on profit optimism, while concerns about the banking sector weighed on financial companies. The Nikkei index rose 0.15 percent to close at 28,457.68 points, recovering from a drop of 0.6 percent at the beginning of the session. The broader Topix …
Read More »European stocks decline amid the return of concerns about the banking sector
European stocks fell on Thursday despite positive earnings from a group of companies, as turmoil over First Republic Bank continues to worry investors about the global banking sector. The pan-European Stoxx 600 index was down 0.1% by 0720 GMT, as media stocks fell 1.6%. Shares in Universal Music Group fell …
Read More »Dow Jones touches the bearish target 27/4/2023
Oil, Crude, trading
Read More »CAD trying to maintain the bullish path 27/4/2023
The bullish trend still dominates the Canadian dollar’s movements, with a gradual rise to the upside within the expected bullish context. However, it reached its highest level, around 1.3650 resistance, which succeeded in limiting the bullish bias. Technically, the bullish trend is still the most preferred, relying on trading stability …
Read More »GBP maintains positive stability 27/4/2023
Oil, Crude, trading
Read More »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 »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 …
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