Midday update for Brent oil 15-09-2021
Brent oil price crawls upwards to gradually approach our waited positive target at 74.70, expecting to extend the bullish wave on the intraday and short term basis to reach 75.60 as a next main target, reminding you that the continuation of the bullish trend requires holding above 72.75.
The expected trading range for today is between 72.50 support and 75.60 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 15-09-2021
Crude oil price attempts to breach 71.05 level now, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting for more rise to head towards 73.30 that represents our net station, noting that the EMA50 continues to support the expected rise, which conditions holding above 69.25.
The expected trading range for today is between 69.50 support and 72.50 resistance.
The expected trend for today: Bullish
Midday update for Silver 15-09-2021
Silver price keeps its stability below 23.80, to keep the negative pressure valid for today, supported by stochastic and the EMA50 negativity, waiting to resume the negative trades that target 22.90 mainly.
The expected trading range for today is between 23.20 support and 24.00 resistance.
The expected trend for today: Bearish
Midday update for Gold 15-09-2021
Gold price shows some slight bearish bias to approach testing the key support 1797.00, affected by stochastic negativity, and as long as the price is above this level, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our main waited target is located at 1825.15.
The expected trading range for today is between 1790.00 support and 1825.00 resistance.
The expected trend for today: Bullish