Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP breaks through resistance 13/3/2023
Oil is looking for a clearer direction 13/3/2023
Attempts for US crude oil futures contracts continue to achieve some gains within the bullish path published during the previous technical analysis, surpassing the target of 76.00, recording its highest level at $77.42 per barrel. Technically, the 50-day simple moving average still constitutes an obstacle in front of oil prices, …
Read More »Euro is trying to break through the resistance 13/3/2023
A noticeable rise for the Euro-dollar pair, achieving substantial gains, building on the weakness of the US dollar after the US jobs data, invalidating the technical outlook as we expected. As a reminder, we indicated during the previous technical report that the price’s consolidation once again above 1.0640 would immediately …
Read More »European stocks sharply lower; banking sector hit hard
European stock markets traded sharply lower Friday as nervousness ahead of the widely-watched U.S. jobs report and weakness in the banking sector overshadowed better-than-expected U.K. growth data. At 08:40 GMT, the DAX index in Germany traded 1.7% lower, the CAC 40 in France dipped 1.9% and the FTSE 100 in …
Read More »Nikkei suffers the largest loss in 3 months
On Friday, the Japanese Nikkei index suffered the largest loss in nearly three months, ending a series of gains that lasted for five sessions, under the weight of the decline in financial institutions shares, after a decision by the central bank to continue stimulus measures, which affected the expectations of …
Read More »European stocks opened lower, affected by the decline of German Immobilien
European stocks opened lower on Thursday, with German real estate company LEG Immobilien tumbling to the bottom of the Stoxx 600 index on a dividend hold, while investors worried about interest rate hikes continuing for a longer period. Shares in LEG Immobilien plunged 10.6 percent in early trade, with the …
Read More »Japan’s Nikkei index is at its highest level in 6 and a half months
Japan’s Nikkei index hit a six-and-a-half-month high on Thursday, extending its winning streak for the fifth consecutive session, with risk appetite improving on expectations that the Federal Reserve will slow down its monetary tightening policies and the lack of imminent changes in the Bank of Japan’s monetary stimulus policy. The …
Read More »Dow Jones: negativity remains 9/3/2023
Oil, Crude, trading
Read More »CAD continues to work inside the bullish channel 9/3/2023
Positive trades dominated the movements of the Canadian dollar, as we expected, with a gradual rise to the upside, approaching a difference of a few points from the target to be achieved yesterday at 1.3830, recording its highest level at 1.3817. Technically, the bullish context is still the most probable, …
Read More »GBP loses momentum and maintains the bearish path 9/3/2023
Oil, Crude, trading
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