Midday update for Gold 25-01-2022
Gold price shows some slight bearish bias, affected by stochastic negativity, and as long as the price is above 1825.15, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our next main target is located at 1860.00.
The expected trading range for today is between 1830.00 support and 1860.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 25-01-2022
The GBPUSD pair shows sideways trades since morning, waiting to get negative motive to assist to break 1.3460 level and open the way to extend the bearish wave towards 1.3400, to continue suggesting the bearish trend for the rest of the day unless the price rallied to breach 1.3530 and hold above it.
The expected trading range for today is between 1.3390 support and 1.3540 resistance.
The expected trend for today: Bearish
Midday update for the EURUSD 25-01-2022
The EURUSD pair resumes its negative trading to break 1.1315 level and moves away from it, which supports the continuation of our bearish overview efficiently for the rest of the day, supported by stochastic negativity, waiting for more decline that targets 1.1150 as a next main station, reminding you that it is important to hold below 1.1375 to continue the suggested decline.
The expected trading range for today is between 1.1240 support and 1.1380 resistance.
The expected trend for today: Bearish
The GBPNZD keeps the positivity – Analysis – 25-1-2022
No change to the GBPNZD pair’s track, due to the frequent fluctuation above the additional support at 2.0006, to notice forming many positive attempts recently and achieving 2.0228.
Now, stochastic continuous positive momentum signals allow us to keep the bullish overview, to expect surpassing 2.0276 and reach the major resistance at 2.0420.
The expected trading range for today is between 2.0085 and 2.0276
The expected trend for today: Bullish