Noor Trends News, Technical Analysis, Educational Tools and Recommendations
Oil, Crude, trading
Read More »Oil Settles Above Support 13/12/2021
Weekly Recap 6 – 10 Dec.
Central bank decisions, Omicron developments, and US inflation data were the past week’s highlights. The Reserve Bank of Australia decided to keep the interest rate at as low as 0.10% but left the door open to expectations of a rate hike earlier than previously thought in 2022. It indicated that …
Read More »Oil is Declining
Oil, Crude, trading
Read More »Oil is Looking For Extra Momentum
Oil, Crude, trading
Read More »Oil Breaks Through Resistance
Oil, Crude, trading
Read More »Iraq’s Opposes Unjustified Oil Output Increase
Iraq’s oil minister said, Tuesday, that his country policy in OPEC is based on reservations about the unjustified increase in production.Minister Ihsan Abdul-Jabbar added that the contract signed with France’s Total would generate more than USD 85 billion in profits for Baghdad over 20 years. Total will build four giant …
Read More »Canada’s Ivey PMI remains Steady in November
Ivey PMI, which is released by the Richard Ivey School of Business on a monthly basis and depicts the business conditions outlook in Canada, has remained at 61.2 in November after also posting the same reading 61.2 in October.As with other PMI indicators, a result above 50 is generally associated …
Read More »Oil is Making Good Gains
Oil, Crude, trading
Read More »Dubai TV Interview, Dec 6, 2021
Speaking on Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts shed light on a number of developments in the markets this week Firstly, on the relationship between the Federal Reserve’s decision and Omicron strain, and …
Read More »Oil Tries to Rise Amid Selling Pressures
Oil, Crude, trading
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