Evening update for the EURUSD 12-01-2022
The EURUSD pair rallied upwards to breach 1.1375 and confirm opening the way to extend the bullish wave, opening the way to head towards our next target at 1.1500, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 1.1375.
Midday update for Brent oil 12-01-2022
Brent oil price settles above the bullish channel’s support line waiting to get positive motive that assist to push the price to continue the rise and achieve our positive targets that start at 84.55 and extend to 85.80, while holding above 82.80 represents key condition to continue the suggested bullish wave.
The expected trading range for today is between 82.00 support and 85.00 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 12-01-2022
Crude oil price resumes its positive trading to attempt to breach 81.75, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that our extended targets reach 84.00 followed by 85.40, while achieving them requires holding above 79.80.
The expected trading range for today is between 80.00 support and 83.00 resistance.
The expected trend for today: Bullish
Midday update for Silver 12-01-2022
Silver price tested 22.60 level and rebounds bullishly from there, to keep the bullish trend scenario valid and active for today, which depends on the price stability above the mentioned level, supported by the moving above the EMA50, reminding you that our main waited target is located at 23.15.
The expected trading range for today is between 22.50 support and 23.15 resistance.
The expected trend for today: Bullish