Midday update for Crude oil 20-01-2023
Crude oil price fluctuates positively to approach 81.60 level, waiting to breach this level to confirm rallying towards 82.70 followed by 84.25 levels mainly, taking into consideration that the continuation of the bullish wave requires holding above 80.20.
The expected trading range for today is between 79.25 support and 82.80 resistance.
The expected trend for today: Bullish
Midday update for Silver 20-01-2023
Silver price shows bullish bias and attempts to move away from the EMA50, to keep the bullish trend scenario suggested for today, depending on the price stability above 23.80, reminding you that our next main target reaches 24.55.
The expected trading range for today is between 23.50 support and 24.50 resistance.
The expected trend for today: Bullish
Midday update for Gold 20-01-2023
Gold price fluctuates around 1928.60 level, and it needs to build solid support base above this level to reinforce the expectations of continuing the bullish trend in the upcoming sessions, which targets 1950.00 as a next main station, reminding you that the continuation of the bullish wave requires holding above 1928.60.
The expected trading range for today is between 1915.00 support and 1950.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 20-01-2023
The GBPUSD pair fluctuates within tight track since morning, and as long as the price is above 1.2295, our bullish overview will remain valid for today, organized inside the bullish channel that appears on the chart, reminding you that our next main target reaches 1.2590.
The expected trading range for today is between 1.2310 support and 1.2480 resistance.
The expected trend for today: Bullish