|
Midday update for Brent oil 11-09-2023
The tight range dominates brent oil price trades since morning, thus, no change to the expected bearish trend for today, which its targets begin by testing 89.25, noting that stochastic provides negative signals that support the suggested decline, which will remain valid unless the price rallied to breach 91.50 and hold above it.
The expected trading range for today is between 89.00 support and 91.00 resistance.
The expected trend for today: Bearish
Midday update for Crude oil 11-09-2023
Crude oil price shows weak trades since morning, settling around 87.00, thus, no change to the expected bearish trend scenario for today, motivated by the negative overlapping signal provided by stochastic now, waiting to test 85.75 as a first station, reminding you that the continuation of the bearish wave conditions holding below 88.18.
MoreMidday update for Silver 11-09-2023
Silver price shows positive trades to attempt to move away from 23.00 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our main waited target is located at 23.70.
MoreMidday update for Gold 11-09-2023
Gold price shows new attempts to breach 1929.00 level, which supports the continuation of our bullish overview for today, reminding you that the main waited target is located at 1945.20.
More