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The GBPUSD hits the first target - Analysis - 30-12-2021

Economies.com
2021-12-30 05:33 UTC

The GBPUSD pair managed to achieve our first waited target at 1.3485 and attempts to breach it now, reinforcing the chances of continuing the bullish correction, which its next target located at 1.3565.

 

Therefore, we expect to witness more rise in the upcoming sessions, noting that the continuation of the bullish wave requires holding above 1.3410.

 

The expected trading range for today is between 1.3400 support and 1.3575 resistance.

 

The expected trend for today: Bullish

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The EURUSD shows mixed trades – Analysis - 30-12-2021

Economies.com
2021-12-30 05:32 UTC

The EURUSD pair didn’t settle for long time below 1.1300 level, to rally upwards and approach testing the key resistance 1.1375, to keep the price confined between these levels that represent the next trend keys, as the price needs to breach one of them to detect its next destination clearly.

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Update: Crude oil price declines calmly

Economies.com
2021-12-29 14:35 UTC

Crude oil price presses negatively on the bullish channel’s support line, which urges caution from the upcoming trading, as continuing the decline and breaking 75.45 will stop the positive overview and press on the price to turn to decline and test 73.60 areas before any new attempt to rise.

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Update: Silver price exits the channel

Economies.com
2021-12-29 14:35 UTC

Silver price faces strong negative pressure to break 22.65 level and attempts to hold below it, which hints head to turn to decline on the intraday basis, on its way to achieve negative targets that start at 22.00 in case the price ended the day below 22.65.

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