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Midday update for Gold 08-04-2021

Economies.com
2021-04-08 09:17AM UTC

Gold price begins to provide slight positive trades that hint resuming the expected bullish trend for the upcoming period, getting continuous positive support by the EMA50, waiting to visit 1765.00 that represents our next main target, reminding you that the continuation of the expected rise depends on the price stability above 1726.00 and the most important above 1713.00.

 

The expected trading range for today is between 1725.00 support and 1760.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 08-04-2021

Economies.com
2021-04-08 09:17AM UTC

The GBPUSD pair keeps its stability below the correctional bearish channel’s resistance, to keep the bearish trend valid and active for today, supported by moving below the EMA50, waiting to visit 1.3705 followed by 1.3580 mainly, taking into consideration that the continuation of the expected decline depends on the price stability below 1.3890.

 

The expected trading range for today is between 1.3660 support and 1.3840 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 08-04-2021

Economies.com
2021-04-08 09:17AM UTC

The EURUSD pair returned to test 1.1885 level and keeps its stability below it until now, to keep the bearish trend scenario valid and active for today, waiting to get negative motive that assist to push the price to head towards our waited targets that start by testing 1.1780.

 

The expected trading range for today is between 1.1780 support and 1.1950 resistance.

 

The expected trend for today: Bearish

The CADJPY tests the support – Analysis – 8-4-2021

Economies.com
2021-04-08 05:16AM UTC

The CADJPY pair declined due to some negative pressures, to notice testing the support at 86.85, while the frequent stability above this support allows us to wait to gather the positive momentum to manage to start renewing the bullish trades to target 87.65 followed by reaching 89.08 that forms the main target.

 

The expected trading range for today is between 86.85 and 87.65

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 21:45PM UTC)