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AUD USD starts positively 06/03/2013
The pair opens today’s trading with good positivity breaching the falling wedge’s resistance that was mentioned in our recent reports, this breach activates the positive effect of the pattern and reinforces our expectations for the continuation of the bullish trend, where we are waiting for upside targets start at 1.0335 and extend towards 1.0450.
Breaking below 1.0250 and holding below it will delay achieving the waited targets.
Expected trading range for today is between: 1.0200 support and 1.0450 resistance.
Expected trend for today: Bullish
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Crude Oil attempts to activate the positive pattern 06/03/2013
Crude oil begins today’s trading clearly positively where it attempts to breach above the falling wedge resistance that appears in the image, to reinforce our expectations of the upside trend for today, and the targets start at 91.75 and extend to reach 93.30 if the price succeeded to surpass the initial barrier.
MoreSilver retests again 06/03/2013
Silver price approached from retesting 29.20 and bounced lower to remain stable below it, which keeps the bearish trend scenario valid until now, waiting for descending targets start at 27.00
MoreGold in sideways track 06/03/2013
More sideways trading appears at the gold price, which finds an intraday resistance obstacle was formed by EMA50, to keep the general bearish trend expectations valid, and the initial targets begin attacking 1567.00 and then heading towards 1555.00
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