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Midday update for Sugar price 16-09-2021

Economies.com
2021-09-16 09:31AM UTC

Sugar price settles above 20.00$ barrier, to keep the positive scenario active for today, supported by moving above the EMA50, waiting for more rise that targets 20.60 followed by 21.00 levels as next main stations, reminding you that it is important to hold above 19.72 to achieve the suggested targets.

 

The expected trading range for today is between 19.90 support and 20.60 resistance

 

The expected trend for today: Bullish

Midday update for Brent oil 16-09-2021

Economies.com
2021-09-16 09:31AM UTC

Brent oil price keeps its stability above 74.70, to keep the positive scenario active for the upcoming period, organized inside the bullish channel that appears on the chart, getting continuous positive support by the EMA50, remidning you that our next main target extends to 77.80.

 

The expected trading range for today is between 74.30 support and 77.00 resistance.

 

The expected trend for today: Bullish

Midday update for Crude oil 16-09-2021

Economies.com
2021-09-16 09:30AM UTC

Crude oil price settles around 72.70 level since morning, waiting to get positive motive that assist to push the price to breach 73.30 and confirm rallying towards our next positive target that reaches 75.00.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 71.05 and holding below it.

 

The expected trading range for today is between 71.50 support and 74.50 resistance.

The expected trend for today: Bullish

Midday update for Silver 16-09-2021

Economies.com
2021-09-16 09:30AM UTC

Silver price resumes its negative trading to move away from 23.95 level, which supports the continuation of our bearish overview efficiently in the upcoming sessions, and the way is open to achieve our waited target at 22.90, reminding you that it is important to hold below 23.95 to continue the expected decline.

 

The expected trading range for today is between 23.30 support and 24.10 resistance.

 

The expected trend for today: Bearish