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Midday update for Silver 23-02-2021

Economies.com
2021-02-23 10:10AM UTC

Silver price keeps its stability above 27.50 level, to keep the bullish trend scenario active for today, supported by the EMA50 that carries the price from below, waiting to resume the positive trades that target 29.00 followed by 29.80 levels as next main stations.

 

The expected trading range for today is between 27.50 support and 29.00 resistance.

 

The expected trend for today: Bullish

Midday update for Gold 23-02-2021

Economies.com
2021-02-23 10:10AM UTC

Gold price shows some bearish bias to move away gradually from the bearish channel’s resistance, to reinforce the signals of turning back to decline, but we still neutral until the price confirms breaking 1800.00 support or breaching 1820.00 resistance to detect the next targets clearly.

 

To review the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1790.00 support and 1830.00 resistance.

 

The expected trend for today: Neutral

Midday update for the GBPUSD 23-02-2021

Economies.com
2021-02-23 10:09AM UTC

The GBPUSD pair resumes its positive trading to start testing 1.4100 barrier, which supports the continuation of the bullish trend scenario for the rest of the day, reminding you that our next target is located at 1.4200, to keep the price inside the bullish channel that appears on the chart, reminding you that it is important to hold above 1.4000 to achieve the waited targets.

 

The expected trading range for today is between 1.4000 support and 1.4170 resistance.

 

The expected trend for today: Bullish

Midday update for the EURUSD 23-02-2021

Economies.com
2021-02-23 10:09AM UTC

The EURUSD pair faces solid resistance at 1.2173, to show some slight bearish bias now, affected by stochastic negativity, while the EMA50 continues to support the price from below.

 

Until now, the bullish trend scenario will remain valid for today as long as 1.2064 remains intact, reminding you that our targets begin by breaching 1.2173 to open the way to head towards 1.2300 as a next station.

 

The expected trading range for today is between 1.2100 support and 1.2260 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Silver today?

The price of Silver is $37.061 (2025-07-04 23:55PM UTC)