Midday update for Crude oil 25-01-2022
Crude oil price fluctuates around the EMA50, and still inside the intraday bearish channel, which keeps the bearish trend scenario valid and active for today, which depends on the price stability below 85.00, while its next main target located at 81.25.
The expected trading range for today is between 82.00 support and 84.80 resistance.
The expected trend for today: Bullish
Midday update for Silver 25-01-2022
Silver price fluctuates with slight negativity to press on the EMA50, waiting for more decline to achieve our negative targets at 23.40 followed by 23.15, to keep the bearish bias suggested in the upcoming sessions unless the price rallied to breach 24.20 and hold above it.
The expected trading range for today is between 23.40 support and 24.10 resistance.
The expected trend for today: Bearish
Midday update for Gold 25-01-2022
Gold price shows some slight bearish bias, affected by stochastic negativity, and as long as the price is above 1825.15, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our next main target is located at 1860.00.
The expected trading range for today is between 1830.00 support and 1860.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 25-01-2022
The GBPUSD pair shows sideways trades since morning, waiting to get negative motive to assist to break 1.3460 level and open the way to extend the bearish wave towards 1.3400, to continue suggesting the bearish trend for the rest of the day unless the price rallied to breach 1.3530 and hold above it.
The expected trading range for today is between 1.3390 support and 1.3540 resistance.
The expected trend for today: Bearish