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Midday update for Silver 28-03-2018
Silver price pushes on the key support 16.45 now, which urges caution from the upcoming trades, especially that stochastic is negative now, as breaking the mentioned level will force the price to suffer losses that reach 15.49 before any new positive attempt.
Until now, we will keep positive overview conditioned by the price stability above 16.45, reminding you that our waited targets begin by breaching 16.80 to open the way to head towards 17.43.
Expected trading range for today is between 16.40 support and 16.80 resistance.
Expected trend for today: Bullish
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Midday update for Gold 28-03-2018
Gold price shows negative trading to approach testing the key support 1335.40 now, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend scenario active for the upcoming period, as breaking it will push the price to decline towards 1316.48 before any new attempt to rise.
MoreMidday update for GBPUSD 28-03-2018
The GBPUSD pair shows sideways trading since morning and settles around 1.4160 level, thus, no change to the expected bullish trend scenario for today, which depends on holding above 1.4118, noting that the EMA50 keeps supporting the bullish wave that its next target located at 1.4344.
MoreMidday update for EURUSD 28-03-2018
The EURUSD pair returns to provide the negative trades and approach the EMA50 again, which continues to provide the positive support to the price, and as long as the price is above 1.2304, our bullish overview will remain active, supported by stochastic positivity, noting that we are waiting to visit 1.2536 as a next main station.
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