Midday update for Crude oil 30-05-2022
Crude oil price didn’t show any strong move since morning, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 113.70, supported by the EMA50 that carries the price from below, reminding you that our waited targets begin at 117.00 and extend to 119.35.
The expected trading range for today is between 113.70 support and 117.50 resistance.
The expected trend for today: Bullish
Midday update for Silver 30-05-2022
Silver price fluctuates within tight track sionce morning, noticing that stochastic begins to overlap positively, waiting to motivate the price to resume the bullish wave that its next main target located at 22.67, reminding you that holding above 21.83 and 21.60 is important to continue the expected rise.
The expected trading range for today is between 21.80 support and 22.67 resistance.
The expected trend for today: Bullish
Midday update for Gold 30-05-2022
Gold price shows weak trades since morning, and as long as the price is above 1850.00, our bullish overview will remain valid and active for today, supported by stochastic positivity, reminding you that our main waited target is located at 1890.00.
The expected trading range for today is between 1845.00 support and 1880.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 30-05-2022
The GBPUSD pair settles above 1.2590 level, to keep the bullish trend active for today, getting continuous support by the EMA50, waiting to resume the positive trades that target 1.2725 level as a first positive station.
The expected trading range for today is between 1.2590 support and 1.2740 resistance.
The expected trend for today: Bullish