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The GBPUSD breaches the resistance - Analysis - 08-10-2021

Economies.com
2021-10-08 04:13AM UTC

The GBPUSD pair breached 1.3600 level clearly and settled above it, to reactivate the correctional bullish trend scenario on the intraday basis, to head towards achieving gains that start at 1.3660 followed by 1.3720.

 

Therefore, the bullish bias will be suggested for today supported by moving above the EMA50, taking into consideration that breaking 1.3600 followed by 1.3555 levels will stop the expected rise and press on the price to return to the bearish channel again.

 

The expected trading range for today is between 1.3555 support and 1.3710 resistance.

 

The expected trend for today: Bullish

The EURUSD is stable – Analysis - 08-10-2021

Economies.com
2021-10-08 04:12AM UTC

The tight range dominated the EURUSD pair’s trades yesterday, hovering around 1.1563 level, keeping its stability below it, to keep the bearish trend scenario valid as it is without any change, waiting to visit 1.1500 followed by 1.1420 levels as main targets.

 

Note that breaching 1.1563 and holding above it will lead the price to achieve intraday gains that target 1.1635 followed by 1.1700 levels mainly.

 

The expected trading range for today is between 1.1460 support and 1.1620 resistance.

 

The expected trend for today: Bearish

Evening update for Crude oil 07-10-2021

Economies.com
2021-10-07 18:39PM UTC

Crude oil price bouced upwards sharply after approaching our waited target at 74.50, to breach 76.65 level strongly and resumes the main bullish track, on its way to achieve additional gains that reach 80.25 as a next main station.

Oracle driven lower by pivotal resistance - Analysis - 23-09-2021

Economies.com
2021-10-07 11:35AM UTC

Oracle's stock (ORCL) fell 0.16% in the last session after the pivotal resistance of 91.10 held on , while gathering positive momentum to pierce that resistance, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals out of the RSI.

 

Therefore we expect more gains for the stock, targeting the resistance of 96.00, provided the resistance of 91.10 was breached.

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3498 (2025-07-13 06:35AM UTC)