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AUDUSD begins with strong positivity – Analysis - 19-07-2018
The AUDUSD pair begins today’s trading with strong rise to breach 0.7400 level and approach the first key resistance at 0.7450, which makes us return to neutrality until the price confirms its next destination clearly, waiting to surpass one of the next trend keys represented by 0.7400 support and 0.7494 resistance.
Note that breaking the mentioned support will reactivate the negative scenario that its next target located at 0.7270, while breaching the resistance represents the key to start recovery attempts that target 0.7600 areas initially.
Expected trading range for today is between 0.7340 support and 0.7500
Expected trend for today: Depends on the above mentioned levels
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Brent oil attempts positively – Analysis - 19-07-2018
Brent oil price traded with clear positivity yesterday to breach 72.45 level, but its still below the most important resistance at 74.00, noticing that stochastic shows clear overbought signals, to form negative factor that we are waiting to assist to push the price to decline again.
MoreCrude oil loses momentum – Analysis - 19-07-2018
Crude oil price keeps rising to approach the key resistance 69.44, accompanied by witnessing big overbought signals by stochastic, while the EMA50 forms negative pressure against the price.
MoreSilver price attempts to confirm the break – Analysis - 19-07-2018
Silver price hovers around 15.49 level, and it needs to get a daily close below this level to confirm the continuation of the bearish trend, reminding you that we are waiting to target 15.15 followed by 14.77 levels as next main stations.
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