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Midday update for Crude oil 17-11-2017
Crude oil price trades with clear positivity now after the sideways trading that it witnessed this morning, thus, our positive overview still active efficiently for today, waiting to target 57.90 followed by 60.25 levels as next main stations, taking into consideration that breaking 55.05 will stop the expected rise and push the price to start short term bearish correction.
Expected trading range for today is between 54.15 support and 57.90 resistance.
Expected trend for today: Overall Bullish
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Midday update for Gold 17-11-2017
Gold price settles around 1281.17 level, waiting to get positive motive that supports the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our main targets begin at 1299.20 and extend to 1321.50.
MoreMidday update for GBPUSD 17-11-2017
The GBPUSD pair settles above 1.3196 barrier, and the chances still valid to test 1.3295 level, while the sideways trades still suggested on the intraday basis until the price confirms exiting the sideways range that its lines represented by 1.3096 support and 1.3295 resistance, noting that the expected targets after breaching these levels are explained in our morning report.
MoreMidday update for EURUSD 17-11-2017
The EURUSD pair returns to provide some slight negative trades after testing 1.1800 barrier this morning, while the overall bullish trend still valid as long as the price remains stable above 1.1679, supported by the EMA50.
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