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Midday update for Gold 08-09-2023
Gold price fluctuates within sideways and tight track since morning, settling around 1925.00 level, waiting to get positive motive that assist to push the price to breach 1929.00 and confirm the continuation of the bullish bias towards 1945.20.
Until now, the bullish trend scenario still suggested for today, taking into consideration that breaking 1920.00 will stop the expected rise and push the price to return to the bearish track again.
The expected trading range for today is between 1915.00 support and 1945.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 08-09-2023
The GBPUSD pair keeps its stability below 1.2505 and begins the attempts to provide negative trades now, supported by the negative signal that appears clearly on stochastic now, waiting for more decline to visit 1.2395 that represents our next main target.
MoreMidday update for the EURUSD 08-09-2023
The EURUSD pair shows slight negative trades now that hint heading to resume the expected bearish trend for today, motivated by the negative overlapping signal provided by stochastic now, waiting to head towards our main expected target at 1.0635.
MoreThe CADCHF holds above the support – Analysis – 8-9-2023
The CADCHF pair succeeded to get rid of the negative pressures, to keep its stability above the additional support near 0.6445, to increase the chances of activating the bullish track and start covering the losses that appeared recently, touching 0.6545 level.
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