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Midday update for Crude oil 10-01-2022

Economies.com
2022-01-10 11:08AM UTC

Crude oil price fluctuates at the bullish channel’s support line, and stochastic continues to provide the positive signals, waiting to motivate the price to resume the expected bullish trend for the upcoming period, waiting to breach 79.40 level to ease the mission of rallying towards our next positive target at 81.75, reminding you that it is important to hold above 78.40 to continue the expected rise.

 

The expected trading range for today is between 77.80 support and 80.80 resistance.

The expected trend for today: Bullish

Midday update for Silver 10-01-2022

Economies.com
2022-01-10 11:07AM UTC

Silver price shows bullish bias to head towards potential test to the key resistance 22.60, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend valid for today, supported by stochastic negativity, besides the negative pressure formed by the EMA50, reminding you that our waited targets begin at 22.00 and extend to 21.40.

 

The expected trading range for today is between 21.70 support and 22.60 resistance.

 

The expected trend for today: Bearish

Midday update for Gold 10-01-2022

Economies.com
2022-01-10 11:07AM UTC

Gold price trades with clear positivity to breach 1797.00 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will lead the price to turn to rise and achieve intraday gains that start by testing 1825.15 areas, while stochastic provides negative signals that support the chances of resuming the bearish trend that its next target located at 1770.00.

 

The expected trading range for today is between 1770.00 support and 1805.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 10-01-2022

Economies.com
2022-01-10 11:07AM UTC

The GBPUSD pair keeps its stability above 1.3565, to keep the bullish trend scenario valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our main waited target reaches 1.3660.

 

The expected trading range for today is between 1.3510 support and 1.3680 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.884 (2025-07-03 05:25AM UTC)