Midday update for Crude oil 13-02-2024
Crude oil price shows clear positive trades now to approach our waited target at 77.86, and we expect the continuation of the bullish wave to breach this level and rally towards achieving additional gains in the upcoming period, to head towards 80.00 that represents our next main target.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 75.90 and holding below it.
The expected trading range for today is between 75.80 support and 78.80 resistance
The expected trend for today: Bullish
Midday update for Silver 13-02-2024
Silver price resumes its positive trading to reach the thresholds of 23.00 level, and stochastic begins to overlap positively to support the chances of breaching this level and open the way to extend the bullish wave towards our next target at 23.70, to keep the positive scenario valid and active for today conditioned by the price stability above 22.25.
The expected trading range for today is between 22.30 support and 23.10 resistance.
The expected trend for today: Bullish
Midday update for Gold 13-02-2024
Gold price shows calm positive trades to approach 2029.70 level, waiting to breach this level to confirm opening the way to head towards our main waited target at 2065.70, to continue suggesting the bullish trend in the upcoming sessions, reminding you that it is important to hold above 2016.90 to guarantee the continuation of the rise and not turning to decline.
The expected trading range for today is between 2005.00 support and 2030.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 13-02-2024
The GBPUSD pair trades with clear positivity to attack 1.2645 level and attempts to confirm breaching it, reinforcing the expectations of continuing the bullish trend efficiently for the rest of the day, reminding you that our main waited target is located at 1.2765, supported by moving above the EMA50, taking into consideration that breaking 1.2610 will stop the positive scenario and push the price to turn to decline.
The expected trading range for today is between 1.2560 support and 1.2700 resistance.
The expected trend for today: Bullish