Midday update for Crude oil 23-04-2019
Crude oil price shows more of the bullish bias moves to surpass 66.00 level and attempts to settle above it, reinforcing our expectations for the continuation of the bullish trend for the rest of the day, targeting 67.00 level as a next station, pointing that surpassing this level will push the price towards 70.55 on the near term basis, while the price needs to settle above 64.90 and 64.35 levels to achieve the suggested targets.
The expected trading range for today is between 64.90 support and 67.50 resistance.
The expected trend for today: Bullish
Midday update for the AUDUSD 23-04-2019
The AUDUSD pair fluctuates near the intraday bullish channel’s support, as long as the price is above 0.7090, so the expected rise will remain valid for today, supported by stochastic reach to the oversold level, waiting for heading to 0.7250 that represents our next main station.
The expected trading range for today is between 0.7080 support and 0.7200
The expected trend for today: Bullish
Midday update for Silver 23-04-2019
Silver price resumes its negative trading to move away from the bearish channel’s resistance, keeping the bearish trend valid for the rest of the day, reminding you that our initial target is located at 14.73, reminding you that holding below 15.22 is required for achieving the suggested targets.
The expected trading range for today is between 14.73 support and 15.15 resistance.
The expected trend for today: Bearish
Midday update for Gold 23-04-2019
Gold price shows slight negative trading in attempt to move away from 1275.30 level, as long as the price is belwo 1282.00, so our bearish trend expectations will remain valid for today, supported by the EMA50, reminding you that our main waited targets begin at 1253.20 and extend to 1231.10 after surpassing the previous level.
The expected trading range for today is between 1260.00 support and 1285.00 resistance.
The expected trend for today: Bearish