Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Midday update for Crude oil 02-02-2023

Economies.com
2023-02-02 10:22AM UTC

Crude oil price faces negative pressure to decline and approach 75.65 level, which makes us stop the morning suggested positive scenario and stay aside until we get clearer signal for the next trend, noting that breaking the mentioned level will press on the price to achieve more decline and head towards 73.75 areas as a next main station, while breaching 77.00 will reactivate the positive scenario that targets 78.95 mainly.

 

The expected trading range for today is between 75.00 support and 77.50 resistance.

The expected trend for today: Neutral

Midday update for Silver 02-02-2023

Economies.com
2023-02-02 10:21AM UTC

Silver price shows new positive trades in attempt to reach our main waited target at 24.55, waiting for more rise for the rest of the day, reminding you that breaching the mentioned level will extend the bullish wave to reach 25.00 areas, while achieving these targets depends on the price stability above 23.65.

 

The expected trading range for today is between 23.90 support and 24.70 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 02-02-2023

Economies.com
2023-02-02 10:21AM UTC

Gold price keeps its stability above 1950.00 level, to keep the bullish trend scenario active for today, supported by the EMA50 that continues to carry the price from below, waiting to get enough positive momentum to push the price to head towards our next main target at 2000.00.

 

The expected trading range for today is between 1940.00 support and 1975.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 02-02-2023

Economies.com
2023-02-02 10:21AM UTC

The GBPUSD pair fluctuates with slight negativity to test the EMA50, affected by stochastic negativity, and as long as the price is above 1.2320, our bullish overview will remain valid for today, waiting to get positive motive that assists to push the price to achieve our targets that start at 1.2440 and extend to 1.2595 after breaching the previous level.

 

The expected trading range for today is between 1.2320 support and 1.2480 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.824 (2025-07-14 21:15PM UTC)