The Canadian dollar was able to activate the idea of retesting the resistance published during the previous analysis. We relied on intraday stability above the 1.2300 support level to raise risk appetite for an intraday rise towards our awaited target of 1.2375, recording the highest level at 1.2388. Technically, despite …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
Sideways trading with the narrow range dominating the euro’s movements against the US dollar, confined from the bottom above the psychological support level of 1.1600 and below the resistance level of 1.1680. Technically, we notice some bearish bias due to trading stability below the 1.1680 resistance level represented by the …
Read More »
Oil, Crude, trading
Read More »
The Canadian dollar declined significantly, touching the required target for the second consecutive session at 1.2300, recording its lowest level during the Asian session’s trading of 1.2288 for the current session. Technically, despite the official bearish trend accompanied by the continuation of negative pressure from the simple moving averages, we …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
As we expected, the euro retested the support at 1.1600, resuming the bullish rebound approaching the desired target at 1.1680, recording the highest level at 1.1670. Technically, by looking at the chart, we notice the continuation of the bullish technical structure shown on the 4-hour chart, in addition to the …
Read More »
The dollar settled in early European trade on Wednesday, after an improvement in risk appetite around the world pushed up risky currencies and sent the yen to a four-year low against the dollar overnight. Most of the European stock indices rose, and the yield on US Treasury bonds for ten …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
