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Midday update for Crude Oil 05/03/2013
Crude oil price shows some positive attempts since morning, where it is approaching calmly towards 91.75, to keep our expectations for the bullish bias valid for today, and we remind you that the trading is limited inside falling wedge which breaching it represents a key for the cancelation of the bearish correction that its details appears by the above chart.
Expected trading range for today is between: 89.00 support and 92.90 resistance.
Expected trend for today: Bullish
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Midday update for Silver 05/03/2013
Silver trades positively approaching from the retest level 29.20, and affected by the positive signal that was explained this morning of Stochastic, while the suggested bearish trend scenario remains valid and active unless breaking 29.20- 29.60
MoreMidday update for Gold 05/03/2013
Gold price shows some slight bullish bias since morning, accompanied with Stochastic reaching the overbought levels, which signals to the weak bullish momentum of the price.
MoreMidday update for GBP USD 05/03/2013
The pair retested 1.5190 and bounced lower from there, to keep our bearish trend expectation for today valid; reminding you that breaching above 1.5190- 1.5235 will turn the intraday trading towards the upside.
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