Midday update for Silver 24-09-2021
Silver price didn’t show any strong move since morning, to keep the bearish trend without any change, depending on the price stability below 22.90, waiting to target 22.30 followed by 21.65 levels mainly, noting that the EMA50 continues to support the suggested bearish wave.
The expected trading range for today is between 22.10 support and 22.90 resistance.
The expected trend for today: Bearish
Midday update for Gold 24-09-2021
Gold price settles around 1755.00 level since morning, noticing that stochastic loses its positive momentum clearly, to support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin at 1735.00 and extend to 1692.00 after breaking the previous level, reminding you that the continuation of the bearish wave requires holding below 1770.00.
The expected trading range for today is between 1725.00 support and 1770.00 resistance.
The expected trend for today: Bearish
Midday update for the GBPUSD 24-09-2021
The GBPUSD pair trades negatively now, affected by stochastic negativity, and it might test the key support 1.3670 before turning back to rise again.
In general, we will continue to suggest the bullish trend for today unless breaking the mentioned support and holding below it, reminding you that our main waited target reaches 1.3845.
The expected trading range for today is between 1.3670 support and 1.3845 resistance.
The expected trend for today: Bullish
Midday update for the EURUSD 24-09-2021
The EURUSD pair shows slight negative trades that hint heading to resume the expected bearish trend for today, to keep the negative scenario valid depending on the price stability below 1.1780, reminding you that our main waited target is located at 1.1605.
The expected trading range for today is between 1.1650 support and 1.1790 resistance.
The expected trend for today: Bearish