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Midday update for Crude oil 25-01-2023

Economies.com
2023-01-25 11:09AM UTC

Crude oil price shows negative trades now to approach the first waited target at 78.95, reminding you that breaking this level will push the price to achieve additional decline that its next target reaches 77.25, to continue suggesting the bearish trend for the upcoming period unless breaching 80.80 and holding above it.

 

The expected trading range for today is between 78.50 support and 81.60 resistance.

The expected trend for today: Bearish

Midday update for Silver 25-01-2023

Economies.com
2023-01-25 11:08AM UTC

Silver price is affected by stochastic negativity to provide negative trades now, but as long as the price is above 23.05, our bullish overview will remain valid for today, waiting to breach 23.70 to ease the mission of achieving our positive targets that start at 24.00 and extend to 24.55.

 

The expected trading range for today is between 23.20 support and 24.00 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 25-01-2023

Economies.com
2023-01-25 11:08AM UTC

Gold price shows additional negative trades to press on 1928.00 level, which urges caution from the upcoming trading, as continuing the decline and breaking 1921.00 will stop the recently suggested positive scenario and force the price to achieve some bearish correction, while the price needs to trade above 1937.00 to regain the bullish trend that its next target located at 1950.00.

 

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 25-01-2023

Economies.com
2023-01-25 11:08AM UTC

The GBPUSD pair faces new negative pressure to break 1.2320 and attempts to hold below it, which hints heading to start intraday bearish correction, and we prefer to stay aside until the price confirms its situation according to the mentioned level, as confirming the break will push the price to achieve negative targets that start at 1.2160, while stepping above it again will revive the positive scenario that its first target located at 1.2440.

 

The expected trading range for today is between 1.2230 support and 1.2400 resistance.

 

The expected trend for today: Neutral

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.835 (2025-07-04 03:45AM UTC)