Midday update for Crude oil 14-09-2021
Crude oil price tests 71.05 level, waiting to breach this level to rally towards our next target that reaches 73.30, noting that the EMA50 supports the suggested bullish wave, while holding above 69.25 represents key condition to continue the expected rise.
The expected trading range for today is between 69.50 support and 72.50 resistance.
The expected trend for today: Bullish
Midday update for Silver 14-09-2021
Silver price settles below 23.35, and as long as the price is below this level, our bearish overview will remain valid for today, supported by the negative overlapping provided stochastic, reminding you that our next main target reaches 22.90.
The expected trading range for today is between 23.20 support and 24.00 resistance.
The expected trend for today: Bearish
Midday update for Gold 14-09-2021
The tight range continues to dominate gold price trades, and as long as the price is below 1797.00, our bearish overview will remain valid as it is, supported by the negative pressure formed by the EMA50, noting that the waited target is located at 1770.00.
The expected trading range for today is between 1770.00 support and 1805.00 resistance.
The expected trend for today: Bearish
Midday update for the GBPUSD 14-09-2021
The GBPUSD pair resumes its positive trading to move away from the EMA50, reinforcing the expectations of continuing the bullish trend, which targets 1.3955 as a next main station, reminding you that the continuation of the suggested rise depends on the price stability above 1.3810 and the most important above 1.3770.
The expected trading range for today is between 1.3780 support and 1.3950 resistance.
The expected trend for today: Bullish