|
Midday update for Crude oil 25-01-2024
Crude oil price resumes its positive trading clearly now to surpass 76.00 barrier and reinforce the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our main waited target at 77.86, noting that breaching this level will extend the bullish wave to reach 81.20 on the near-term basis, while the expected rise will remain valid unless breaking 73.73 and holding below it.
The expected trading range for today is between 74.00 support and 77.00 resistance
The expected trend for today: Bullish
Thanks for your feedback.
Midday update for Silver 25-01-2024
Silver price fluctuates within tight range since morning, and stochastic attempts to get rid of its negative momentum, and as long as the price is above 22.65, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our targets begin by breaching 23.00 to rally towards 23.70 as a next positive station.
MoreMidday update for Gold 25-01-2024
Gold price didn’t show any strong move since morning, to continue fluctuating around 2016.90, thus, no change to our neutrality, waiting to get clearer signals for the next trend, to continue monitoring the price according to the mentioned level.
MoreMidday update for the GBPUSD 25-01-2024
The GBPUSD pair leans on the EMA50 and begins to provide positive trades now, which supports the continuation of the expected bullish trend for today, which targets 1.2825 areas mainly.
More