Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP is building on support 8/9/2022
Oil touches the bearish targets, eyes on stocks 8/9/2022
As we expected, American crude oil prices incurred heavy losses during the previous trading session, heading to touch the awaited descending official target at 83.00, to record its lowest level at 81.51. Technically, with the negative pressure of the simple moving averages that support the bearish price curve and confirming …
Read More »EUR attacks USD, eyes on ECB 8/9/2022
Mixed trading dominated the movements of the euro against the US dollar, to witness a bearish tendency during the middle of the European session, after it succeeded in pressing the support level of 0.9900 to see a decline near 0.9875, taking advantage of the mentioned level that forced it to …
Read More »European shares open lower as mining and energy stocks decline
European shares opened lower on Wednesday as mining and energy companies led the losses as investors remained concerned about the outlook for demand in the wake of weak trade data from China. The European oil and gas index was down 2.2 percent by 0720 GMT, while the mining index lost …
Read More »Japan shares close lower
Japanese stocks fell on Wednesday as continued investor fears about an economic slowdown outweighed the strong performance of exporters’ shares, which rose on the yen’s fall. The Nikkei index fell 0.71 percent, tracking losses overnight on Wall Street, as the three major indexes fell after the US services sector report …
Read More »Dow Jones declines sharply 7/9/2022
Oil, Crude, trading
Read More »CAD touches the target; all eyes on BoC 7/9/2022
The Canadian dollar maintained stability within the expected positive technical outlook, touching the official target required to be achieved at 1.3205, recording its highest level at 1.3200. Technically, we find the pair succeeded in forming a good support floor around 1.3120, trying intraday stability above the 1.3170 resistance level. Looking …
Read More »GBP is falling again 7/9/2022
Oil, Crude, trading
Read More »Oil gives up its gains 7/9/2022
US crude oil futures prices declined yesterday, nullifying the expected positive outlook, in which we depended on the stability of intraday trading above the 88.00 level, touching the stop-loss order published in the previous analysis at 87.80. We made it clear that breaking the mentioned level puts the oil price …
Read More »EUR attacks USD, eyes are on ECB 8/9/2022
Mixed trading dominated the movements of the euro against the US dollar, to witness a bearish tendency during the middle of the European session, after it succeeded in pressing the support level of 0.9900 to see a decline near 0.9875, taking advantage of the mentioned level that forced it to …
Read More »