Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »The Dow Jones Repeats Its Attempts
The Canadian May Witness a Slight Upward Correction
The Canadian dollar benefited from the 1.2330 support level, which formed a good floor that helped the pair rebound to the upside to retest the 1.2410 resistance level within a positive slope that is still limited. Technically, we notice the return of the 50-day moving average still holding the price, …
Read More »The British Pound is Losing Bullish Momentum
Oil, Crude, trading
Read More »Oil is Witnessing Negative Pressure
Oil, Crude, trading
Read More »The Euro Breaks The Support
We adhered to intraday neutrality at the end of last week’s trading due to the conflicting technical signals, explaining that we are waiting for the price behavior of the euro around the 1.1690 resistance level. Activating the selling positions depends on the decline below the 1.1640 support level, and breaking …
Read More »The Dollar is Rising But Remains at Low Levels
The US dollar index, which measures its performance against a basket of six major currencies, rose 0.25% to 93.58 points, moving away from its lowest level recorded yesterday at 93.277 points, the lowest level in nearly a month, and the dollar traded during the day at levels between 93.32 and …
Read More »Dow Jones Starts Negatively
Oil, Crude, trading
Read More »The Canadian Dollar is Facing Negative Pressure
Mixed trading dominates the movements of the Canadian dollar within a bearish path to witness the current intraday stability below the support level 1.2370/1.2365. Technically, trading is stable below 1.2370, the 23.60% Fibonacci correction that supports a bearish bias in the coming hours, in addition to the RSI losing the …
Read More »The British Pound is Building on Support
Oil, Crude, trading
Read More »Crude Oil Tends to be Negative
Oil, Crude, trading
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