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Midday update for Crude oil 10-02-2021
Crude oil price rallies upwards strongly to surpass the minor resistance that appears on the chart, which supports the continuation of our bullish overview efficiently for the rest of the day, and the way is open to head towards our next main target at 59.70, reminding you that the continuation of the bullish wave requires holding above 57.50.
The expected trading range for today is between 57.00 support and 60.00 resistance.
The expected trend for today: Bullish
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Midday update for Silver 10-02-2021
Silver price did not show any strong move since morning, to keep its stability below 27.60, thus, our bearish overview will remain valid for today, which depends on the price stability below the mentioned level, while our next target is located at 25.50.
MoreMidday update for Gold 10-02-2021
Gold price settles above the bearish channel’s resistance line, while the price still stuck between the trend confirmation levels represented by 1830.00 support and 1844.00 resistance, which makes us continue with our neutrality until the price confirms breaching one of these levels to detect its next targets clearly.
MoreMidday update for the GBPUSD 10-02-2021
The GBPUSD pair continues to rise to support the expectations of continuing the main bullish trend, and we believe that the way is open to head towards our next main target that reaches 1.3965, reminding you that the continuation of the suggested bullish wave depends on the price stability above 1.3720.
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