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Crude oil achieves good gains – Analysis - 20-11-2017

Economies.com
2017-11-20 04:35 UTC

Crude oil price provided strong positive trading after leaning on the bullish channel's support that appears on chart, to approach 57.00$ barrier now, waiting for more rise in the upcoming sessions, as our next main targets located at 57.90 and extend to 60.35.

 

Therefore, the bullish trend will remain dominant on the intraday and short term basis conditioned by holding above 55.25 level.

 

Expected trading range for today is between 55.70 support and 59.50 resistance.

 

Expected trend for today: Bullish

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Silver resumes rising – Analysis - 20-11-2017

Economies.com
2017-11-20 04:35 UTC

Silver price succeeded to reach our first waited target at 17.43, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, waiting to breach this level to confirm extending the bullish wave towards 18.30, noting that the EMA50 provides the positive support to the price.

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Gold reaches the first target – Analysis - 20-11-2017

Economies.com
2017-11-20 04:35 UTC

Gold price succeeded to reach our first expected target at 1299.20, showing some slight bearish bias now affected by stochastic negativity, waiting to get enough positive momentum to push the price to breach the mentioned level and open the way to head towards 1321.50 that represents our next main target.

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USDCAD draws positive formation – Analysis - 20-11-2017

Economies.com
2017-11-20 04:34 UTC

The USDCAD pair leaned on the bullish trend line that appears on chart and bounced bullishly after the recent attempts to break the key support 1.2723, which hints the price head to achieve more bullish correction on the short term basis, especially that there is signs of bullish pattern that appears on the chart, its confirmation line located at 1.2820, thus, breaching this level will confirm rallying upwards to surpass 1.2927 barrier and achieve more gains.

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