Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP surrenders against USD, all eyes on BoE 22/9/2022
Oil: Negative pressure Remains 22/9/2022
As we expected, US crude oil futures prices achieved a strong decline yesterday within the bearish directional movement, touching the first official target of the previous report at 82.65, recording the lowest price at 82.44. Technically, the regularity of movement within the descending price channel supports the continuation of the …
Read More »Euro continues to suffer losses 22/9/2022
A strong bearish trend dominated the euro’s movements against its US counterpart within the expected negative outlook during the previous analysis, touching all the required bearish targets to reach the last target of 0.9835, recording its lowest level at 0.9807 during the morning session of the current session. On the …
Read More »US dollar touches two-decade high on Fed’s decision
The dollar soared to two-decade high on Wednesday after the Federal Reserve raised interest rates by another 75 basis points signaling more large increases at its coming meetings.The dollar’s gains were limited since the Fed decision was widely expected. Since US rates will be higher for longer, the trend remains …
Read More »European shares decline as Putin’s announcement reinforces the atmosphere of ambiguity
European shares fell at the open on Wednesday, pressured by Russia’s decision to announce a partial military mobilization, which added to investor concerns about the US central bank’s third interest rate hike later on Wednesday. The pan-European Stoxx 600 index fell 0.3 percent, with most of its sub-sectors declining. The …
Read More »Japan’s Nikkei closes at a two-month low
Japanese stocks on Wednesday hit their lowest close in more than two months, tracking Wall Street and Asian bourses, as investors awaited monetary policy meetings from the Federal Reserve and the Bank of Japan this week. The Nikkei index closed down 1.36 percent to record 27,313.13 points, the lowest closing …
Read More »Dow Jones extends losses ahead of Fed 21/9/2022
Oil, Crude, trading
Read More »CAD continues to rise 21/9/2022
The Canadian dollar continues to achieve successive rises after establishing a solid support floor around the 1.3300 barrier, to enable the pair to confirm the breach of the mentioned level, which turned into a support level. Technically, with the continuation of the positive motive for the simple moving averages that …
Read More »GBP: starts pressing support 21/9/2022
Oil, Crude, trading
Read More »Oil faces negative pressure 21/9/2022
US crude oil prices failed to achieve the required bullish target during yesterday’s trading session, in which we relied on daily stability above 83.80, touching the stop losses order there, and to remind us that the return of trading stability below 83.80 will immediately stop the attempts to rise. We …
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