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Midday update for Silver 27-01-2021

Economies.com
2021-01-27 10:48AM UTC

Silver price did not show any strong move since morning, to remain stable below 25.50, thus, no change to the bearish trend scenario that depends on the price stability below the mentioned level, waiting to break 25.00 to confirm rallying towards 24.30 as a next negative target.

 

The expected trading range for today is between 24.60 support and 25.60 resistance.

 

The expected trend for today: Bearish

Midday update for Gold 27-01-2021

Economies.com
2021-01-27 10:48AM UTC

Gold price keeps its stability below 1850.80, to keep the negative pressure valid for today, supported by the EMA50, waiting to head towards 1820.00 followed by 1800.00 levels as next main stations.

 

We need to note that breaching 1850.80 and holding above it will stop the expected decline and leads the price to return to the correctional bullish track again.

 

The expected trading range for today is between 1830.00 support and 1860.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 27-01-2021

Economies.com
2021-01-27 10:47AM UTC

The GBPUSD pair shows some slight bearish bias now, while the bullish trend scenario still active depending on the price stability above 1.3645, supported by the EMA50, reminding you that our next main target extends to 1.3815.

 

The expected trading range for today is between 1.3645 support and 1.3815 resistance.

 

The expected trend for today: Bullish

Midday update for the EURUSD 27-01-2021

Economies.com
2021-01-27 10:47AM UTC

The EURUSD pair trades with clear negativity to attack the intraday bullish channel’s support line and attempts to hold below it, which hints the price head to reactivate the negative scenario, but we need to confirm breaking 1.2120 to reinforce the chances of continuing the decline in the upcoming sessions.

 

Therefore, we will continue with our neutrality until the price confirms surpassing one of the trend keys represented by 1.2120 support and 1.2173 resistance, noting that the details of the expected targets after the breach are explained in our morning report.

 

The expected trading range for today is between 1.2060 support and 1.2250 resistance.

 

The expected trend for today: Neutral

Frequently asked questions

What is the price of Silver today?

The price of Silver is $36.750 (2025-07-04 02:15AM UTC)