Midday update for Crude oil 30-06-2022
Crude oil price continues to fluctuate at the bullish channel’s support line, waiting to activate the positive signal provided by stochastic to resume the expected bullish wave for today, which depends on the price stability above 108.35, noting that breaching 109.15 will ease the mission of rallying towards our main positive target at 113.70.
The expected trading range for today is between 107.00 support and 112.50 resistance.
The expected trend for today: Bullish
Midday update for Gold 30-06-2022
The tight range continues to dominate Gold price trades, thus, no change to the expected bearish trend scenario for the upcoming period, which depends on the price stability below 1850.00, reminding you that we are waiting to visit 1780.25 as a next main target.
The expected trading range for today is between 1795.00 support and 1835.00 resistance.
The expected trend for today: Bearish
Midday update for the GBPUSD 30-06-2022
The GBPUSD pair provided slight positive trades but it returns to decline now, waiting for more bearish bias to test 1.2077 initially, reminding you that breaking it will lead the price to head towards 1.1933 as a next target, while the bearish trend scenario will remain active conditioned by the price stability below 1.2225.
The expected trading range for today is between 1.2040 support and 1.2200 resistance.
The expected trend for today: Bearish
Midday update for the EURUSD 30-06-2022
The EURUSD pair fluctuates within tight track since morning, waiting to get negative motive that assist to push the price to resume the expected bearish trend for today, which targets 1.0355 as a next main station, reminding you that the continuation of the bearish wave depends on the price stability below 1.0550.
The expected trading range for today is between 1.0360 support and 1.0500 resistance.
The expected trend for today: Bearish