Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »GBP trades cautiously ahead of BoE decision 4/8/2022
Euro is looking for a destination 4/8/2022
We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, in addition to the limited trading between the daily trend keys published yesterday, explaining that activating the short positions as soon as 1.0150 is broken, targeting 1.0120, to record the pair’s lowest level at 1.0118. …
Read More »European shares fall before the release of important economic data
European shares fell in early trading on Wednesday, ahead of key business growth data, as broader markets awaited the potential fallout from US House Speaker Nancy Pelosi’s visit to Taiwan. The pan-European Stoxx 600 index was down 0.2 percent by 7:10 GMT. Investors are awaiting important data on business and …
Read More »Nikkei rises as investors look for strong results
Japan’s Nikkei index closed higher on Wednesday, recovering from the previous session’s losses, as investors turned to Daikin Industries and other companies that posted solid gains. The Nikkei index rose 0.53 percent to 27,741.90 points, falling 1.42 percent on Tuesday, its biggest daily loss in three weeks. The broader Topix …
Read More »Dow Jones experiences temporary negative pressure 3/8/2022
Oil, Crude, trading
Read More »CAD waiting to break support 3/8/2022
The technical outlook is unchanged, and the Canadian dollar’s movements did not change much, maintaining the negative stability below the 1.2885 resistance level. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average for the bearish bias, which is exerting its negative pressure, in …
Read More »GBP stable above the support of the ascending price channel 3/8/2022
Oil, Crude, trading
Read More »Euro awaits pending orders 3/8/2022
Mixed trading dominated the movements of the euro-dollar, heading to approach the first official station targeted during the previous report 1.0300, to settle for recording the highest level at 1.0293, which formed a strong resistance level around the psychological barrier that forced the pair to the downside to retest the …
Read More »European shares decline, affected by fears of recession and Sino-American tension
European shares fell on Tuesday, August 2 after weak global factory data reinforced fears of an economic slowdown, while markets were nervous ahead of US House Speaker Nancy Pelosi’s upcoming visit to Taiwan. By 7:08 GMT, the pan-European Stoxx 600 index was down 0.6%. Three sources said Pelosi was expected …
Read More »Japan shares close lower, driven by US-China tension and a stronger yen
Japanese stocks closed lower on Tuesday as tensions escalated between Beijing and Washington ahead of a possible visit by US House Speaker Nancy Pelosi to Taiwan on Tuesday. At the same time, the yen’s rally against the dollar fueled a sell-off in exporters’ shares. The Nikkei index fell 1.42 percent …
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