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Midday update for Crude oil 18-10-2021

Economies.com
2021-10-18 09:12AM UTC

Crude oil price tested 83.00 barrier and settles above it, waiting to resume the bullish trend that targets testing 83.95 as a next station, reminding you that the continuation of the expected rise requires holding above 82.70, which its targets extend to 86.00 followed by 87.00 after surpassing 83.95 barrier.

 

The expected trading range for today is between 82.20 support and 85.00 resistance.

The expected trend for today: Bullish

Midday update for Silver 18-10-2021

Economies.com
2021-10-18 09:12AM UTC

Silver price continues to fluctuate at the key support 23.15 and still above it until now, and the EMA50 keeps providing the positive support to the price, waiting to resume the bullish trend that its next target located at 24.20, while achieving it requires holding above 23.15.

 

The expected trading range for today is between 23.00 support and 23.90 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 18-10-2021

Economies.com
2021-10-18 09:12AM UTC

Gold price resumes its negative trading to move away from 1770.00 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by moving below the EMA50, and we believe that the way is open to visit our main waited target at 1734.00, reminding you that the continuation of the bearish wave requires holding below 1770.00.

 

The expected trading range for today is between 1745.00 support and 1780.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 18-10-2021

Economies.com
2021-10-18 09:12AM UTC

The GBPUSD pair continues to fluctuate at the key support 1.3720 and keeps its stability above it until now, to keep the bullish trend scenario active for today, waiting to get positive motive that assist to push the price to head towards our next expected target at 1.3795, reminding you that it is important to hold above 1.3720 to continue the expected rise.

 

The expected trading range for today is between 1.3650 support and 1.3820 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 22:25PM UTC)