Midday update for Crude oil 13-01-2022
Crude oil price shows tight trades since morning, keeping its stability above the bullish channel’s support line, and as long as the price is above 81.30, our bullish overview will remain valid and active for today, supported by the EMA50, reminding you that our main waited targets begin at 84.00 and extend to 85.40.
The expected trading range for today is between 81.00 support and 84.00 resistance.
The expected trend for today: Bullish
Midday update for Silver 13-01-2022
Silver price hovers around 23.15 level, waiting to get positive motive that assist to push the price to resume the bullish trend that its targets begin by breaching 23.40 to open the way to head towards 24.20 as a next main station.
Therefore, we will continue to suggest the bullish trend for today unless breaking 22.85 and holding below it.
The expected trading range for today is between 22.85 support and 23.70 resistance.
The expected trend for today: Bullish
Midday update for Gold 13-01-2022
Gold price faces negative pressure to move below 1825.15, affected by stochastic negativity, which urges caution from the upcoming trading, as holding below this level will stop the recently positive scenario and press on the price to visit 1797.00 as a main negative target.
The expected trading range for today is between 1810.00 support and 1840.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 13-01-2022
The GBPUSD pair rallies upwards again to reinforce the expectations of continuing the main bullish trend, waiting to test 1.3785 followed by 1.3815 levels mainly, being aware that it is important to monitor the price behavior when reaching the extended target, due to its importance to detect the next destination on the short term and medium term basis.
The expected trading range for today is between 1.3660 support and 1.3815 resistance.
The expected trend for today: Bullish