|
Silver price faces solid support - Analysis - 08-09-2023
Silver price couldn’t manage to break 23.00 level, to consolidate above it and begins attempts to build bullish wave on the intraday basis, to head towards visiting 23.70 as a next main station.
Stochastic provides positive signals that support the expected rise for today, noting that breaking 23.00 will stop the bullish trend and push the price to resume the bearish wave again.
The expected trading range for today is between 22.85 support and 23.50 resistance.
The expected trend for today: Bullish
Gold price is recovering – Analysis - 08-09-2023
Gold price opens today’s trading with clear positivity to exit the intraday bearish channel that confined the recent trades and heads towards achieving expected gains in the upcoming sessions, and the targets begin by surpassing 1929.00 to confirm heading towards 1945.20 as a next main station.
MoreThe USDCAD gets a positive close – Analysis - 08-09-2023
The USDCAD pair begins today’s trading with slight bearish bias, but we notice that the price closed yesterday above 1.3680, which supports the chances of continuing the expected bullish trend for the upcoming period, which targets 1.3760 as a next station.
MoreThe USDJPY tests the support base – Analysis - 08-09-2023
The USDJPY pair tested the key support 146.55 and bounced bullishly from there, to settle above 147.00 barrier again, which keeps the bullish trend scenario valid and active for the upcoming period, motivated by stochastic positivity that appears clearly now, waiting to head towards our next target at 148.40.
More