Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Oil Faces Selling Pressure, And Breaking Support Extends Losses
The Euro Trying to Recover And Negative Pressure Remains
The movements of the euro against the US dollar witnessed a slight bullish tendency, trying to stabilize above the support level of 1.1780, and the pair is now hovering around its highest level during the morning trading of the current session 1.1837. On the technical side today, despite the bullish …
Read More »The Dow Jones Trying to Preserve Its Gains
Oil, Crude, trading
Read More »CAD Making Remarkable Gains And Positivity Remains
The Canadian dollar achieved noticeable gains during the previous session’s trading, heading towards the awaited bullish correction tendency at 1.2410, to extend its gains, touching a high at 1.2530. Technically, and with the pair’s success in confirming the breach of 1.2410, the 61.80% Fibonacci retracement, which has now turned into …
Read More »The Pound Continues to Achieve Bearish Targets
Oil, Crude, trading
Read More »Crude Oil Breaks Support And May Witness a Bearish Corrective Slope
Oil, Crude, trading
Read More »The Euro Extends Its Losses Against The Dollar.
The bearish trend continues to dominate the euro’s movements against the US dollar within the expected negative outlook in the last report, touching the official target at 1.1780. Technically, and with careful consideration on the 4-hour chart, we find the 50-day simple moving average that continues to pressure the price …
Read More »The Euro Near a 3-Month Low After German Data
The euro traded near a three-month low against the dollar on Wednesday after German data raised doubts about the strength of the economic recovery, while the US currency awaited the minutes of the Federal Reserve’s latest meeting. The single European currency was trading at $1.1820, after touching a three-month low …
Read More »Dow Jones Keeps Bullish Tone
Oil, Crude, trading
Read More »CAD Facing Downward Pressure
The Canadian dollar intraday movements witnessed a modest bearish bias after several consecutive sessions of ascending within the bullish correction, which touched 1.2410. Technically, the current trading is stable intraday below the resistance level of 1.2330/1.2340, 50.0% Fibonacci level, with the simple moving averages pressuring the price from above. Therefore, …
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