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Midday update for Gold 14-02-2020

Economies.com
2020-02-14 11:08AM UTC

Gold price attempts to breach 1575.90 level, reinforcing the expetations of continuing the bullish trend for the rest of the day, on its way to head towards 1611.20 that represents our next positive target, noting that failing to achieve the required breach might pus the price to test 1554.10 level again before any new positive attempt.

 

The expected trading range for today is between 1560.00 support and 1595.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 14-02-2020

Economies.com
2020-02-14 11:08AM UTC

The GBPUSD pair shows weak trades since morning and still above 1.2975, which keeps the bullish trend scenario active for today, which depends on the price stability above the mentioned level as a first condition to continue the waited rise, noting that our first positive station represented by testing 1.3150.

 

The expected trading range for today is between 1.2975 support and 1.3150 resistance.

 

The expected trend for today: Bullish

Midday update for the EURUSD 14-02-2020

Economies.com
2020-02-14 11:07AM UTC

The EURUSD pair keeps its stability below 1.0860 level, to keep the negative pressure valid for today, supported by the EMA50, reminding you that our next target is located at 1.0760, while holding below 1.0860 represents key condition to continue the suggested decline.

 

The expected trading range for today is between 1.0750 support and 1.0900 resistance.

 

The expected trend for today: Bearish

Copper price repeats the positive closings – Analysis – 14-2-2020

Economies.com
2020-02-14 10:35AM UTC

Copper price repeated the positive closings above the key support 2.4900, to confirm the preparation to resume the bullish attack in the near term and medium term period, thus, we will keep waiting to gather new positive momentum to assist to surpass 2.6100 level and reach the next target at 2.6950.

 

The expected trading range for today is between 2.5400 and 2.6500

 

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 21:55PM UTC)