Midday update for Gold 21-10-2021
Gold price settles around 1785.00 level since morning, waiting to get positive momentum that assist to push the price to resume the expected bullish trend for today, which targets 1797.00 as a first station, reminding you that it is important to hold above 1770.00 to continue the expected rise.
The expected trading range for today is between 1770.00 support and 1800.00 resistance.
The expected trend for today: Bullish
Midday update for the AUDUSD 21-10-2021
The AUDUSD pair faces clear negative pressure to retest the key support base at 0.7475, and as long as the price is above this level, our bullish overview will remain valid for today, supported by stochastic approach from the oversold areas, reminding you that our next target extends to 0.7615.
The expected trading range for today is between 0.7500 support and 0.7600 resistance
The expected trend for today: Bullish
Midday update for the GBPUSD 21-10-2021
The GBPUSD pair made new test to 1.3795 and keeps its stability above it until now, to keep the positive scenario active for today, which targets 1.3910 mainly, noting that breaking 1.3795 will put the price under negative pressure that targets testing 1.3720 areas before any new attempt to rise.
The expected trading range for today is between 1.3760 support and 1.3910 resistance.
The expected trend for today: Bullish
Midday update for the EURUSD 21-10-2021
The EURUSD pair faces solid resistance at 1.1670, to rebound bearishly again and head towards potential test to 1.1615 level, affected by stochastic negativity, and as long as the price is above the last level, our bullish overview will remain valid for today supported by the EMA50, reminding you that our next main target extends to 1.1760.
The expected trading range for today is between 1.1600 support and 1.1750 resistance.
The expected trend for today: Bullish