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Midday update for Crude oil 10-07-2020

Economies.com
2020-07-10 10:55AM UTC

Crude oil price provides more negative trading to support the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to achieve our waited targets that start at 37.50 and extend to 36.10, noting that the EMA50 forms negative pressure to support the suggested decline, which will remain valid conditioned by the price stability below 40.40 and the most important below 40.80.

 

The expected trading range for today is between 37.50 support and 40.80 resistance.

The expected trend for today: Bearish

Midday update for Silver 10-07-2020

Economies.com
2020-07-10 10:55AM UTC

Silver price shows positive trading now, affected by stochastic positivity that we are waiting to assist to push the price to achieve more gains for the rest of the day, to keep our bullish overview that targets visiting 19.64 mainly, reminding you that it is important to hold above 18.20 to continue the expected rise.

 

The expected trading range for today is between 18.40 support and 19.00 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 10-07-2020

Economies.com
2020-07-10 10:55AM UTC

Gold price begins to provide positive trading in attempt to resume the main bullish trend, getting positive motive by stochastic, waiting for more rise to achieve our positive targets that start at 1825.00 and extend to 1855.00, noting that the EMA50 keeps protecting the suggested positive scenario, which will remain valid conditioned by the price stability above 1770.00.

 

The expected trading range for today is between 1790.00 support and 1830.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 10-07-2020

Economies.com
2020-07-10 10:54AM UTC

The GBPUSD pair shows positive trading now to hint the price head to resume the expected bullish trend for today, getting good positive support by the EMA50 and stochastic, waiting to head towards 1.2777 that represents our next main station, taking into consideration that the continuation of the bullish wave requires holding above 1.2515.

 

The expected trading range for today is between 1.2500 support and 1.2700 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.485 (2025-07-04 23:55PM UTC)