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Midday update for Crude oil 15-09-2023

Economies.com
2023-09-15 09:23AM UTC

Crude oil price settles near 91.00 barrier, waiting to get positive motive that assist to push the price to resume the bullish trend that targets 91.90 as a next station, reminding you that breaching this level will push the price to 93.00 as a next main target, while the bullish trend will remain valid and active unless breaking 89.35 and holding below it.

 

The expected trading range for today is between 89.60 support and 92.70 resistance.

 

The expected trend for today: Bullish

Midday update for Silver 15-09-2023

Economies.com
2023-09-15 09:23AM UTC

Silver price trades with clear positivity to attack 23.00 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the expected negative scenario for today and lead the price to achieve additional gains that reach 23.70, while the price needs to consolidate below 23.00 to revive the bearish trend scenario that its first target located at 22.25.

 

The expected trading range for today is between 22.40 support and 23.10 resistance.

 

The expected trend for today: Bearish

Midday update for Gold 15-09-2023

Economies.com
2023-09-15 09:22AM UTC

Gold price shows more bearish bias to attempt to breach 1917.50 and hints the attempt to turn to rise, but we still neutral until the price confirms breaching this resistance or breaking 1913.15 support to detect the next targets clearly.

 

To review the details of the expected targets of the breach, please check our morning report.

 

The expected trading range for today is between 1900.00 support and 1930.00 resistance.

 

The expected trend for today: Neutral

Midday update for the GBPUSD 15-09-2023

Economies.com
2023-09-15 09:22AM UTC

The GBPUSD pair provides positive trades to head towards potential test to the key resistance 1.2505, affected by stochastic positivity, noticing that the EMA50 continues to press negatively on the price, waiting to resume the expected bearish wave on the intraday and short-term basis, which depends on the price stability below the mentioned resistance, while its next main target is located at 1.2310.

 

The expected trading range for today is between 1.2320 support and 1.2480 resistance.

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of Oil today?

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