Midday update for Crude oil 21-09-2021
Crude oil price trades with clear positivity to move away from the bullish channel’s support line, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and we believe that the way is open to head towards our main waited target at 73.30, noting that holding above 70.70 is important to achieve the suggested targets.
The expected trading range for today is between 69.70 support and 72.70 resistance.
The expected trend for today: Bullish
Midday update for Silver 21-09-2021
Silver price fluctuates within slight positivity, and the EMA50 continues to press negatively on the price, to keep the bearish trend active for today, which depends on the price stability below 22.90, reminding you that our waited targets begin at 21.65 and extend to 20.75.
The expected trading range for today is between 21.65 support and 22.60 resistance.
The expected trend for today: Bearish
Midday update for Gold 21-09-2021
Gold price shows bearish bias now in attempt to move away from 1770.00, motivated by stochastic current negativity, waiting for more decline to visit 1735.00 that represents the next main target, remidning you that the continuation of the bearish wave conditions holding below 1770.00.
The expected trading range for today is between 1735.00 support and 1780.00 resistance.
The expected trend for today: Bearish
Midday update for the GBPUSD 21-09-2021
The GBPUSD pair tests the key resistance 1.3680 and still below it until now, waiting to resume the bearish trend that depends on the price stability below the mentioned level, supported by the EMA50, reminding you that our main waited target is located at 1.3570.
The expected trading range for today is between 1.3570 support and 1.3740 resistance.
The expected trend for today: Bearish