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Midday update for Crude oil 26-10-2020

Economies.com
2020-10-26 09:18AM UTC

Crude oil price shows additional negative trades to approach our waited target at 38.10, reinforcing the expectations of continuing the decline for the rest of the day, reminding you that surpassing this level will push the price to suffer more losses that reach 36.10, while the expected decline will remain valid unless breaching 40.50 and holding above it.

 

The expected trading range for today is between 37.50 support and 40.50 resistance.

The expected trend for today: Bearish

Midday update for Silver 26-10-2020

Economies.com
2020-10-26 09:17AM UTC

Silver price trades negatively to move away from the broken support of the intraday bullish channel, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, and the way is open to head towards 23.60 that represents our next main target, reminding you that breaking this level will push the price to 22.13 as a next negative station, while the expected decline will remain valid unless breaching 25.06 and holding above it.

 

The expected trading range for today is between 23.70 support and 24.80 resistance.

 

The expected trend for today: Bearish

Midday update for Gold 26-10-2020

Economies.com
2020-10-26 09:17AM UTC

Gold price keeps its stability below 1901.80 level, showing negative trades that support the expectations of continuing the bearish trend for the rest of the day, to keep the bearish bias suggested as long as the price is below 1901.80 and the most important below 1908.60 levels, reminding you that our next main target is located at 1860.90.

 

The expected trading range for today is between 1875.00 support and 1915.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 26-10-2020

Economies.com
2020-10-26 09:17AM UTC

The GBPUSD pair touched 1.3000 level and presses negatively on it, which supports the expectations of extending the bearish wave to target 1.2945 level as a next negative station, to continue suggesting the bearish trend in the upcoming sessions conditioned by that price stability below 1.3090.

 

The expected trading range for today is between 1.2945 support and 1.3100 resistance.

 

The expected trend for today: Bearish temporarily

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.639 (2025-07-16 22:45PM UTC)