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Midday update for Crude oil 26-09-2023

Economies.com
2023-09-26 10:10AM UTC

Crude oil price achieved an initial break to 89.35 level and attempts to settle below it, which supports the continuation of the expected bearish trend scenario in the upcoming period, targeting 87.16 levels as a next main station.

 

therefore, we are waiting for more of the expected downside moves for the rest of the day, reminding you that holding below 91.10 is important for the continuation of the suggested bearish trend.

 

The expected trading range for today is between 88.30 support and 91.20 resistance.

 

The expected trend for today: Bearish

 

Midday update for Silver 26-09-2023

Economies.com
2023-09-26 10:09AM UTC

Silver price attempted to break 23.00 level, but it couldn’t settle below this level, keeping our neutral attitude valid until getting clearer signal for the next trend, where we keep monitoring the price according to the mentioned level.

 

reminding you that breaking the mentioned support will push the price to head towards 22.25 mainly, while the stability above it will push the price to recover and visit 23.70 level initially.

 

The expected trading range for today is between 22.60 support and 23.50 resistance.

 

The expected trend for today: Neutral

 

Midday update for Gold 26-09-2023

Economies.com
2023-09-26 10:09AM UTC

Gold price shows negative trading, to press on 1913.15 level and provides signals for heading to the downside for the rest of the day, but we still aside until the price confirm its attitude according to this level, then detect its next trend clearly.

 

to recognize the details of the expected targets in the upcoming period, please review our morning report.

 

The expected trading range for today is between 1900.00 support and 1930.00 resistance.

 

The expected trend for today: Neutral

Midday update for the GBPUSD 26-09-2023

Economies.com
2023-09-26 10:09AM UTC

The GBPUSD pair provides extra negative trading, reinforcing the expectations for the continuation of the bearish trend domination in the upcoming sessions, waiting for getting more of the negative motives that support the chances for rally towards our next target at 1.2135.

 

The expected trading range for today is between 1.2100 support and 1.2260 resistance.

 

The expected trend for today: Bearish

 

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.686 (2025-07-11 23:05PM UTC)