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9月26日技术分析报告:现货黄金、WTI原油期货、ICE原糖

September 26 technical analysis report: spot gold, crude oil futures, ICE raw sugar.

Golden10 Data ·  Sep 26 12:46

This article summarizes the latest views of Economies.com analysts today, covering multiple products such as spot gold, WTI crude oil futures!

Waiting for positive momentum to drive prices higher, the next main target for spot gold remains $2700.00.

Analyst at Economies.com latest view today: Spot gold price stabilizing above the breached resistance level of the call channel, noting stochastic indicators gradually move away from its negative momentum, waiting for positive momentum to drive prices higher and continue the main call trend, with the next main target at $2700.00. Therefore, we will continue to recommend following the call trend in the next period and be aware that if the price falls below $2650.00, it will halt the anticipated rise and lead to some intraday put correction. The expected trading range today is between $2645.00 and $2685.00.Resistanceand $2685.00 resistance level. Trend forecast: call.

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EMA50 continues to support the recommended call wave trend, with the next upward target for spot silver at $32.50.

Analyst at Economies.com latest view today: Spot silver price shows some put tendencies, may dip below $32.00, while stochastic indicators attempt to gain positive momentum on an intraday timeframe, supporting the possibility of resuming the main call trend, with the next positive target at $32.50. The 50-day Exponential Moving Average (EMA50) continues to support the recommended call wave, unless it drops below $31.00 and remains below it, this trend will remain valid. The expected trading range today is between $31.60 support and $32.40 resistance. Trend forecast: call.

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Brent crude oil futures prices will face expected downward pressure.

Analyst at Economies.com latest viewpoint today: Brent crude oil futures prices showed a significant decline yesterday, falling below $73.79 and closing below that level. It is expected to face anticipated downward pressure in the next trading session and target the $72.00 area as the next major goal. Therefore, today's suggestion is to put, with the supporting factor being the break below the 50-day Exponential Moving Average (EMA50). Note that if the price falls below $73.79 and then breaks below $74.25, it will stop the expected decline and guide the price back to a corrective call trend. The expected trading range for today is between a support level of $72.00 and a resistance level of $75.00.

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CBOT corn prices maintain a bullish trend.

Analyst at Economies.com latest viewpoint today: CBOT corn prices have significantly risen, breaking through $416.30 and once again stabilizing above that level to restore a corrective bullish trend scenario and move towards achieving new gains, with the first target being to test the $425.30 level, indicating that surpassing this level will directly push the price towards $434.30. Therefore, it is advised to maintain a bullish trend in the next trading session unless it falls below $416.30 and stays below it. The expected trading range for today is between a support level of $415.00 and a resistance level of $430.00. Trend prediction: call.

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Await for CBOT soybean prices to break above $1071.20 to confirm the continuation of the bullish trend.

Analysts at Economies.com have the latest view today: CBOT soybean prices have resumed positive trading, approaching the level of 1071.20 again, waiting to break through this level to confirm the continuation of the bullish trend and achieve additional gains to reach 1105.50, as the price is influenced by the previously completed head and shoulders bottom pattern. The 50-day Exponential Moving Average (EMA50) supports the expected uptrend, while also noting that failure to break through 1071.20 may force prices to fall to the 1028.80 area before making any new bullish attempts. The expected trading range for today is between the support level of 1050.00 and the resistance level of 1085.00. Trend forecast: bullish.

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The ICE raw sugar futures prices maintain a bullish trend.

Analysts at Economies.com have the latest view today: ICE raw sugar futures prices continue to rise, approaching the new target of 23.90 and seem likely to break through this level, thus achieving more gains in the long term. Therefore, we will continue to recommend maintaining a bullish trend in the upcoming period, while pointing out that breaking below 22.73 will stop the bullish trend and push prices to turn downwards. The expected trading range for today is between the support level of 23.20 and the resistance level of 24.00. Trend forecast: bullish.

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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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