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Midday update for Crude oil 27-07-2022

Economies.com
2022-07-27 09:01AM UTC

Crude oil price trades positively to attack 95.70 level, which urges caution from the upcoming trading, as breaching this level followed by breaching 96.25 will stop the morning suggested negative scenario and lead the price to turn to rise and achieve additional gains that reach 98.25, while the price needs to consolidate below 95.70 to resume the bearish bias that its first target located at 92.30.

 

The expected trading range for today is between 91.00 support and 96.50 resistance.

The expected trend for today: Bearish

Midday update for Silver 27-07-2022

Economies.com
2022-07-27 09:01AM UTC

Silver price resumes its positive trading to surpass the EMA50, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our first target at 19.00, which breaching it represents the key to rally towards 19.60, reminding you that it is important to hold above 18.30 to achieve the suggested targets.

 

The expected trading range for today is between 18.30 support and 19.00 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 27-07-2022

Economies.com
2022-07-27 09:00AM UTC

Gold price traded positively to approach the key resistance 1726.60, which represents one of the next trend keys besides 1712.00 support, and as we mentioned this morning, the price needs to surpass one of these levels to detect its next destination cleary.

 

Therefore, we will continue with our neutrality until now, noting that the details of the expected targets afer the breach are explained in our morning report.

 

The expected trading range for today is between 1695.00 support and 1735.00 resistance.

 

The expected trend for today: Neutral

Midday update for the GBPUSD 27-07-2022

Economies.com
2022-07-27 09:00AM UTC

The GBPUSD pair tests 1.2077 level now, waiting to breach this level to confirm opening the way to head towards 1.2160 as a next positive station, to continue suggesting the bearish trend in the upcoming sessions conditioned by the price stability above 1.1980 level.

 

The expected trading range for today is between 1.1980 support and 1.2150 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Oil today?

The price of Oil is $68.124 (2025-07-09 06:45AM UTC)