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Midday update for Crude oil 27-01-2023

Economies.com
2023-01-27 10:39AM UTC

Crude oil price trades with clear positivity to attack 81.60 level and attempts to breach it, to hint heading to activate the positive scenario in the upcoming sessions, but we will continue with our neutrality until the price confirms the breach followed by rallying towards 84.25 areas, as failing to consolidate above the mentioned level till keep the domination of the sideways range on the intraday basis and might push the price to decline towards 78.95.

 

The expected trading range for today is between 79.50 support and 83.00 resistance.

The expected trend for today: Sideways

Midday update for Silver 27-01-2023

Economies.com
2023-01-27 10:39AM UTC

Silver price faces negative pressure to test 23.55 level, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active, as breaking it will push the price to visit 23.05 before any new attempt to rise, reminding you that our next positive target is located at 24.55.

 

The expected trading range for today is between 23.55 support and 24.40 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 27-01-2023

Economies.com
2023-01-27 10:39AM UTC

Gold price settles below 1931.50 level, to keep the negative scenario valid for today, waiting to break 1921.60 to add more confirmation to the continuation of the expected bearish wave, which targets 1903.50 mainly, reminding you that breaching 1931.50 will push the price to return to the main bullish track again.

 

The expected trading range for today is between 1900.00 support and 1935.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 27-01-2023

Economies.com
2023-01-27 10:39AM UTC

The GBPUSD pair shows slight bearish bias now, while the EMA50 continues to support the price from below, and as long as the price is above 1.2320, our bullish overview will remain valid for today, waiting to breach 1.2440 to confirm rallying towards 1.2595 as a next main target.

 

The expected trading range for today is between 1.2320 support and 1.2485 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $66.676 (2025-07-15 19:25PM UTC)