Midday update for Silver 13-09-2021
Silver price resumes its negative trading to move away from 23.80 level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which targets 23.35 followed by 22.90 levels as next main stations, reminding you that holding below 23.80 is important to achieve these targets.
The expected trading range for today is between 23.35 support and 24.00 resistance.
The expected trend for today: Bearish
Midday update for the EURUSD 13-09-2021
The EURUSD pair managed to achieve our first waited target at 1.1780 and attempts to break it, to support the expectations of extending the bearish wave towards 1.1700, to keep the expected negative scenario for the upcoming period, which gets good support by the EMA50, while holding below 1.1888 represents key condition to continue the bearish trend.
The expected trading range for today is between 1.1730 support and 1.1870 resistance.
The expected trend for today: Bearish
The EURGBP prepares for new decline – Analysis – 13-9-2021
The EURGBP returned to fluctuate below 0.8590 barrier, affected by the negative pressures that come from the main indicators, to increase the chances for renewing the negative attempts, we expect reaching 0.8480 to form the initial negative target for the bearish track, and surpassing it will allow providing strong pressure on 0.8410 level that represents 38.2% Fibonacci correction level.
The expected trading range for today is between 0.8580 and 0.8480
The expected trend for today: Bearish
The European index repeats the negative closings – Analysis – 13-9-2021
The European index repeated the negative closings below 4215.00 resistance, to react to stochastic negativity that settles near 20 level now, thus, we will keep suggesting the bearish trend, reminding you that the additional negative targets are located near 4110.00, followed by reaching the moving average 55 at 1055.00.
The expected trading range for today is between 4190.00 and 4110.00
The expected trend for today: Bearish