Midday update for Brent oil 14-01-2022
Brent oil price rallies upwards to reach 85.00$ barrier, waiting for more bullish bias to test 85.80 level that represents our next main target, to continue suggesting the bullish trend that moves organized inside the bullish channel that appears on the chart, supported by stochastic positivity, noting that holding above 83.00 is required to achieve the waited targets.
The expected trading range for today is between 82.70 support and 85.70 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 14-01-2022
Crude oil price shows new positive trades to return to the bullish channel again, motivated by stochastic current positivity, waiting for more rise to visit 84.00 followed by 85.40 as next main targets, reminding you that the continuation of the bullish wave requires holding above 81.40.
The expected trading range for today is between 80.50 support and 83.60 resistance.
The expected trend for today: Bullish
Midday update for Silver 14-01-2022
Silver price fluctuates around 23.15 level, and stochastic overlaps positively to support the chances of resuming the expected bullish trend for today, which targets 23.40 followed by 24.20 as next main stations, reminding you that the continuation of the bullish wave requires holding above 22.90.
The expected trading range for today is between 22.85 support and 23.70 resistance.
The expected trend for today: Bullish
Midday update for Gold 14-01-2022
Gold price new negative pressure to move below 1825.15, and the price needs to consolidate above this level to keep the positive scenario active for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 1860.00.
The expected trading range for today is between 1810.00 support and 1840.00 resistance.
The expected trend for today: Bullish