Brent oil price shows sideways trades since morning, and as long as the price is above 93.70, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our waited targets start by surpassing 95.40 to open the way to head towards 96.80.
The expected trading range for today is between 93.30 support and 96.30 resistance.
The expected trend for today: Bullish
Crude oil price hovers around 91.00 level, and continues to move inside the bullish channel that supports the chances of achieving our positive targets that start at 92.25 and extend to 93.00.
Therefore, we will keep our bullish overview unless breaking 90.20 and holding below it.
The expected trading range for today is between 89.80 support and 92.80 resistance.
The expected trend for today: Bullish
Silver price settles above 23.00 level, to keep the bullish trend scenario active for today, which targets 23.70 mainly.
Stochastic continues the attempts to gather the positive momentum to reinforce the expectations to rise in the upcoming sessions, reminding you that it is important to hold above 23.00 to achieve the waited targets.
The expected trading range for today is between 22.90 support and 23.70 resistance.
The expected trend for today: Bullish
Gold price continues to fluctuate around 1929.00 level, waiting to get positive momentum that assist to push the price to breach this level to confirm the continuation of the bullish wave and achieve our main waited target at 1945.20, supported by the EMA50 that carries the price from below.
Holding above 1923.00 represents initial condition to continue the expected rise, as breaking it will put the price under negative pressure to test 1913.15 before any new positive attempt.
The expected trading range for today is between 1920.00 support and 1945.20 resistance.
The expected trend for today: Bullish