Midday update for Crude oil 11-01-2022
Crude oil price resumes its positive trades to test 79.80 level, waiting to breach this level to reinforce the expectations of continuing the bullish trend in the upcoming sessions, which its next main target located at 81.75, reminding you that the continuation of the bullish wave requires holding above 78.00.
The expected trading range for today is between 77.50 support and 80.40 resistance.
The expected trend for today: Bullish
Midday update for Silver 11-01-2022
Silver price keeps its stability below 22.60 level, accompanied by witnessing negative signals through stochastic, waiting to motivate the price to resume the expected bearish trend for today, which depends on the daily candlestick close stability below the mentioned level, reminding you that our first target is located at 22.00.
The expected trading range for today is between 22.00 support and 22.75 resistance.
The expected trend for today: Bearish
Midday update for Gold 11-01-2022
Gold price settles above 1797.00 level, to keep the bullish trend scenario valid and active for today, supported by moving above the EMA50, waiting to head towards 1825.15 as a next main target, noting that breaking 1797.00 will stop the suggested rise and press on the price to decline again.
The expected trading range for today is between 1790.00 support and 1825.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 11-01-2022
The GBPUSD pair continues to rise to surpass 1.3600 barrier, reinforcing the expectations of continuing the bullish trend, which targets 1.3660 as a next station, waiting for more rise for the rest of the day unless breaking 1.3555 and holding with a daily close below it.
The expected trading range for today is between 1.3520 support and 1.3690 resistance.
The expected trend for today: Bullish