Midday update for Silver 24-01-2023
Silver price finds difficulty to continue the rise, affected by stochastic negativity, and it might show some temporary sideways fluctuation before resuming the bullish bias again.
Until now, the bullish trend scenario still active as long as 23.05 level remains intact, reminding you that our waited targets begin at 24.05 followed by 24.55.
The expected trading range for today is between 23.20 support and 24.10 resistance.
The expected trend for today: Bullish
Midday update for Gold 24-01-2023
Gold price fluctuates around 1935.00 level, waiting to get positive motive that assist to push the price to continue the rise and head towards our next main target that reaches 1950.00.
In general, the bullish trend scenario will remain active for today unless breaking 1925.00 and holding below it.
The expected trading range for today is between 1920.00 support and 1955.00 resistance.
The expected trend for today: Bullish
Midday update for the GBPUSD 24-01-2023
The GBPUSD pair shows negative trades to press on the intraday bullish channel’s support line, which urges caution from the upcoming trading, as continuing the decline and breaking 1.2320 will stop the expected positive scenario for today and force the price to start intraday bearish correction, while the price step above 1.2385 to ease the mission of heading towards our next main target at 1.2590.
The expected trading range for today is between 1.2320 support and 1.2480 resistance.
The expected trend for today: Bullish
Midday update for the EURUSD 24-01-2023
The EURUSD pair didn’t show any strong move since morning, to fluctuate around 1.0865 level, thus, no change to the expected bullish trend for today, which depends on the price stability above 1.0830, supported by the EMA50, reminding you that our next main target reaches 1.1030.
The expected trading range for today is between 1.0820 support and 1.0970 resistance.
The expected trend for today: Bullish