Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP continues to compensate for losses at the expense of USD 5/10/2022
Oil touches our bullish goals, eyes on OPEC 5/10/2022
US crude oil futures prices jumped, achieving noticeable gains as expected, exceeding the official target required to be achieved at 86.30 to record the highest level of $86.95 per barrel. Technically and carefully looking at the 240-minute chart, we find that the 50-day simple moving average continues to hold the …
Read More »Euro is advancing against USD and achieving goals 5/10/2022
The euro advanced during the last session’s trading against the US dollar, achieving noticeable gains within the expected technical outlook yesterday, touching the second required official target at 0.9940, recording its highest level around the parity point 1.0000. Technically, we tend in our trading to the positive, relying on the …
Read More »USD is falling and the markets are taking a breath
The dollar fell on Tuesday as US Treasury yields stopped rising after a wave of increases, which provided an opportunity for stock markets and helped the euro and pound to catch a breath and recover from multi-year lows. The Australian dollar was also eye-catching, as it fell by about one …
Read More »Japan’s Nikkei jumps 3%, supported by the rise in Wall Street
Japan’s Nikkei index jumped 3 percent on Tuesday in its best session in more than six months, as investors flock to blue-chip and hard-hit growth-related stocks and following Wall Street’s sharp rally at the close in the evening. The Nikkei rose 2.96 percent to 26,992.21 points, supported by broad buying, …
Read More »Dow Jones: Eyes on more gains 4/10/2022
Oil, Crude, trading
Read More »CAD breaks support 4/10/2022
The Canadian dollar reversed the expected bullish trend yesterday, in which we relied on the stability of trading above the support level of the psychological barrier 1.3700, and as a reminder that the stability of trading below 1.3700 can thwart the proposed scenario and put the pair under strong negative …
Read More »GBP: takes advantage of weak US dollar 4/10/2022
Oil, Crude, trading
Read More »Oil is looking for more upside 4/10/2022
Mixed trading dominated the US crude oil futures prices during the previous trading session, under the influence of some statements regarding the expected production cut during the OPEC meeting tomorrow. Technically, the current oil movements are witnessing intraday stability above 82.40 accompanied by the positive motive of the 50-day simple …
Read More »Euro needs to break through the resistance to continue the corrective rise 4/10/2022
The single European currency managed to retest the support mentioned during the previous analysis at 0.9744, recording the lowest level at 0.9752 within the bullish rebound attempts that are approaching to retest the 0.9850 resistance level. On the technical side today, the pair found a strong resistance level at 0.9850, …
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