Positive attempts dominated the Canadian dollar’s movements during yesterday’s trading session, within the bullish context, as we expected, recording its highest level at 1.2340. Technically, the Canadian starts with a slight bullish bias, trying to retest the previously broken support, which is now turned to the 1.2330 resistance level, 50.0% …
Read More »
Oil, Crude, trading
Read More »
Oil, Crude, trading
Read More »
The technical outlook is unchanged and the pair’s movements have not changed significantly, maintaining the negative stability. Technically, we are inclined towards negativity in our trading, relying on the negative pressure coming from the 50-day moving average, in addition to the clear negative signs on the stochastic indicator. From here …
Read More »
Despite the relative decline that Bitcoin, the largest digital currency, is witnessing in these moments of trading today, Thursday, speculators for a return to the rise above the $30,000 levels are steadfast, and have so far succeeded in supporting prices. Despite the panic that dominated the markets due to the …
Read More »
Oil, Crude, trading
Read More »
Negative trades dominated the movements of the Canadian dollar, and to remind you, we previously mentioned that trading below 1.2300 increases the possibility of retesting the 1.2260 support level before rising again to make the pair succeed in touching the published target, recording the lowest 1.2250. Technically, the Canadian starts …
Read More »
Oil, Crude, trading
Read More »
The Euro hit the published pivotal resistance level that is required to be retested during the previous analysis at 1.1970, which still constitutes an obstacle for the pair, unable to breach it until now. Technically, we are inclined towards negativity in our trading, based on the negative pressure coming from …
Read More »
The U.S. Dollar (USD) has recovered some of its losses on Wednesday, after rising earlier in the Asian and European sessions. The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is down by 0.04% 91.72. Earlier today, the index fell as low …
Read More »
Noor Trends News, Technical Analysis, Educational Tools and Recommendations
