|
Midday update for Crude oil 08-09-2023
Crude oil price trades with clear positivity to start testing the key resistance 87.45, which urges caution from the upcoming trading, as surpassing this level represents the key to continue the rise and stop the morning suggested correctional bearish scenario, to head towards testing 88.18 followed by 89.95 levels as main positive stations.
Consolidating below 87.45 keeps the chances valid to resume the bearish correction that its targets begin at 85.75 and extend to 84.25.
We remind you that the continuation of the bullish wave requires holding above 87.10.
The expected trading range for today is between 84.50 support and 88.00 resistance.
The expected trend for today: Bearish
Midday update for Silver 08-09-2023
Silver price keeps its stability above 23.00 level, to keep the bullish trend scenario active for today, which targets 23.70 mainly.
MoreMidday update for Gold 08-09-2023
Gold price fluctuates within sideways and tight track since morning, settling around 1925.00 level, waiting to get positive motive that assist to push the price to breach 1929.00 and confirm the continuation of the bullish bias towards 1945.20.
MoreMidday update for the GBPUSD 08-09-2023
The GBPUSD pair keeps its stability below 1.2505 and begins the attempts to provide negative trades now, supported by the negative signal that appears clearly on stochastic now, waiting for more decline to visit 1.2395 that represents our next main target.
More