Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Midday update for Crude oil 24-01-2024

Economies.com
2024-01-24 11:17 UTC

Crude oil price shows weak trades since morning, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 73.73 and 73.05 levels, supported by the EMA50 that carries the price from below, noting that we are waiting to visit 77.86 as a next main target.

 

The expected trading range for today is between 73.00 support and 76.00 resistance

 

The expected trend for today: Bullish

Was this useful?

Thanks for your feedback.

Midday update for Silver 24-01-2024

Economies.com
2024-01-24 11:17 UTC

Silver price rallies upwards to test 22.50 level and head towards activating the positive scenario in the upcoming sessions, targeting testing 23.00 level initially, noting that breaching it will extend the bullish wave to reach 23.70 areas on the near-term basis, while the expected rise will remain valid unless breaking 22.25 and holding below it.

More

Midday update for Gold 24-01-2024

Economies.com
2024-01-24 11:16 UTC

Gold price shows positive trades now to hint heading towards the waited target at 2065.70, to keep the bullish trend valid and active for today, supported by stochastic positivity that appears on the intraday time frames, reminding you that the continuation of the bullish wave depends on the price stability above 2016.90.

More

Midday update for the GBPUSD 24-01-2024

Economies.com
2024-01-24 11:16 UTC

The GBPUSD pair rallies upwards to reach the thresholds of the first waited target at 1.2780, and we suggest the continuation of the bullish bias to visit 1.2825 as a next station, noting that surpassing this level will lead the price to achieve more gains on the longer-term basis and head towards 1.3000 areas.

More