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Midday update for Gold 26-10-2020

Economies.com
2020-10-26 09:17AM UTC

Gold price keeps its stability below 1901.80 level, showing negative trades that support the expectations of continuing the bearish trend for the rest of the day, to keep the bearish bias suggested as long as the price is below 1901.80 and the most important below 1908.60 levels, reminding you that our next main target is located at 1860.90.

 

The expected trading range for today is between 1875.00 support and 1915.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 26-10-2020

Economies.com
2020-10-26 09:17AM UTC

The GBPUSD pair touched 1.3000 level and presses negatively on it, which supports the expectations of extending the bearish wave to target 1.2945 level as a next negative station, to continue suggesting the bearish trend in the upcoming sessions conditioned by that price stability below 1.3090.

 

The expected trading range for today is between 1.2945 support and 1.3100 resistance.

 

The expected trend for today: Bearish temporarily

Midday update for the EURUSD 26-10-2020

Economies.com
2020-10-26 09:17AM UTC

The EURUSD pair shows bearish bias now that hints resuming the expected bearish track for today, to keep the negative scenario valid and active for the upcoming sessions, supported by stochastic negativity, reminding you that our main waited target is located at 1.1720, while holding below 1.1880 represents key condition to continue the suggested decline.

 

The expected trading range for today is between 1.1750 support and 1.1900 resistance.

 

The expected trend for today: Bearish temporarily

The AUDCAD tests key support – Analysis – 26-10-2020

Economies.com
2020-10-26 05:41AM UTC

The AUDCAD pair ended its correctional bearish rebound by facing solid support at 0.9240 that forms 50% Fibonacci correction level, to notice its bullish rally and approach the moving average 55.

 

The stability of the mentioned support and stochastic attempt to provide the positive momentum allow us to expect forming strong bullish waves, to attempt to record many positive targets around 0.9455 followed by 0.9593 levels in the upcoming period.

 

The expected trading range for today is between 0.9310 and 0.9455

 

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 22:05PM UTC)