Midday update for Crude oil 07-01-2022
Crude oil price tests the key support base 79.80, and the price needs to hold above this level and above 79.40 to keep the bullish trend scenario active for today, which gets continuous support by the EMA50, reminding you that our next main target reaches 81.75.
The expected trading range for today is between 78.70 support and 82.00 resistance.
The expected trend for today: Bullish
Midday update for Silver 07-01-2022
Silver price fluctuates within sideways and tight track since morning, and as long as the price is below 22.60, our bearish overview will remain valid and active for today, waiting to get negative motive that assist to push the price to break 22.00 and confirm rallying towards 21.40 as a next negative station.
The expected trading range for today is between 21.60 support and 22.60 resistance.
The expected trend for today: Bearish
Midday update for Gold 07-01-2022
Gold price settles within tight track since morning, keeping its stability below 1797.00, which keeps our bearish overview valid for today, supported by the negative pressure formed by the EMA50, reminding you that our main waited target is located at 1770.00.
The expected trading range for today is between 1770.00 support and 1810.00 resistance.
The expected trend for today: Bearish
Midday update for the GBPUSD 07-01-2022
The GBPUSD pair fluctuates near 1.3565 level, waiting to breach this level to confirm rallying towards more rise and visit 1.3660 level as a next main target, to keep our bullish overview conditioned by the price stability above 1.3485.
The expected trading range for today is between 1.3485 support and 1.3640 resistance.
The expected trend for today: Bullish