Crude oil price continues to fluctuate at the sideways range’s support line at 78.95, and we still suggest the domination of the sideways move until breaking this support or breaching 81.60 resistance to detect the next destination clearly, noting that the technical indicators still contradicted.
To review the expected targets after the breach, please check our morning report.
The expected trading range for today is between 77.60 support and 81.20 resistance.
The expected trend for today: Sideways
Silver price continues to fluctuate around the EMA50, waiting to breach 23.80 to confirm the continuation of the expected bullish wave for today, which targets 24.55 as a next station, taking into consideration that breaking 23.55 will force the price to decline towards 23.05 before any new attempt to rise.
The expected trading range for today is between 23.30 support and 24.15 resistance.
The expected trend for today: Bullish
Gold price didn’t show any strong move since morning, and as long as the price is below 1936.00, our bearish overview will remain valid for today, supported by stochastic loss to the positive momentum, reminding you that our waited target is located at 1908.40.
The expected trading range for today is between 1908.00 support and 1940.00 resistance.
The expected trend for today: Bearish temporarily
The GBPUSD pair shows some slight bullish bias to approach 1.2440 level, waiting to breach this level to confirm extending the bullish wave towards 1.2595, to keep the positive scenario active unless breaking 1.2320 and holding below it.
The expected trading range for today is between 1.2320 support and 1.2485 resistance.
The expected trend for today: BullishMidday update for the GBPUSD 30-01-2023