|
Crude oil price forecast update 12-09-2024
Crude oil price touched our first target at 68.55$ and finds solid resistance there, waiting to breach this level to confirm extending the correctional bullish wave and head towards 70.43$ as a next main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that holding above 67.20$ is important to the continuation of the expected rise and guarantee not turning to decline.
The expected trading range for today is between 66.60$ support and 68.60$ resistance
Trend forecast: Bullish
Thanks for your feedback.
Silver price forecast update 12-09-2024
Silver price shows slight positive trades in attempt to resume the expected bullish trend for today, and the way is open to achieve our waited target at 29.30$, which breaching it represents the key to rally to achieve additional gains that extend to 30.06$, reminding you that the continuation of the bullish wave requires holding above 28.55$.
MoreGold price forecast update 12-09-2024
Gold price didn’t show any strong move since morning, noticing that stochastic overlaps positively now, waiting to assist to push the price to rise in the upcoming sessions and achieve our next positive target at 2540.00$.
MoreThe GBPUSD forecast update 12-09-2024
The GBPUSD price fluctuates at 1.3036$ support line and finds difficulty to break it until now, while the bearish trend scenario still active as long as 1.3124$ level remains intact, supported by the negative effect of the double top pattern, reminding you that our next targets reach 1.2965$ followed by 1.2894$ levels, waiting to gather negative momentum that assist to push the price to resume the suggested bearish wave.
More