Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Dow Jones continues to advance of US inflation data 13/9/2022
CAD continues its decline 13/9/2022
The technical outlook remains unchanged, to find the Canadian dollar maintaining negative stability, as we expected, touching our first target to be achieved at 1.2975, recording its lowest level at 1.2963. Technically, and carefully considering the chart, the pair confirmed the breach of 1.3060, and the current moves are witnessing …
Read More »GBP maintains positive stability 13/9/2022
Oil, Crude, trading
Read More »Oil awaiting pending orders 13/9/2022
US crude oil futures prices jumped during the previous trading session, nullifying the negative outlook as we expected, in which we relied on the stability of trading below 86.40, explaining that skipping upwards and consolidating above 86.40 leads oil to complete the bullish correction. We wait for touching 87.50 and …
Read More »Euro needs a positive catalyst to resume the corrective rise 13/9/2022
As we expected, the single European currency formed a corrective ascending wave against the US dollar, reaching the first target at 1.0195, and recording the highest level at 1.0197. Technically, the pair found a strong resistance level around the psychological barrier of 1.0200, which forced it to trade negatively again …
Read More »Market Drivers – US Session – Monday 12/09/2022
Next Friday, tens of thousands of railroad workers are poised to go on strike, potentially bringing a nearly a third of all US freight to a grinding halt. It would be the first national rail strike in 30 years. As the clock ticks, the threat of the work stoppage is …
Read More »European shares rise at the open, supported by the rise in banking shares
European shares rose at the open on Monday, with banking stocks rising for a third consecutive session on bets that the European Central Bank will raise interest rates dramatically. The pan-European Stoxx 600 index rose 0.2 percent to continue rising after posting its first weekly gain in four weeks on …
Read More »Nikkei closes at its highest level in more than two weeks
Japan’s Nikkei index ended Monday’s trading at its highest level in more than two weeks, tracking Wall Street’s strong closing last week, as heavyweights and travel-related stocks led the gains. The Nikkei index closed up 1.16 percent to 28,542.11 points, its highest closing level since August 26. The broader Topix …
Read More »Dow Jones tries to maintain gains 12/9/2022
Oil, Crude, trading
Read More »CAD continues its gradual decline 12/9/2022
The Canadian dollar was able to achieve the expected bearish minor correction during the last trading sessions of the week ending last Friday, touching the required target at 1.2980 and recording its lowest level at 1.2980. Technically, and carefully considering the chart, the pair confirmed the breach of 1.3060, and …
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