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AUDUSD gets negative signal – Analysis - 17-11-2017
The AUDUSD pair continues to fluctuate within sideways track since yesterday, keeping its stability below 0.7633, to keep the negative pressure valid for the upcoming period, supported by the EMA50 besides the negative signal that stochastic begins to provide now.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions conditioned by holding below 0.7633, waiting to test 0.7516 as a next main target, noting that breaking this level will push the price towards 0.7415 direct.
Expected trading range for today is between 0.7500 support and 0.7650
Expected trend for today: Bearish
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Brent Oil tests the support – Analysis - 17-11-2017
Brent oil price returns to test the key support 60.95 now, which represents 38.2% Fibonacci correction level for the rise measured from 55.00 to 64.63, which urges caution from the upcoming trading, as breaking it will push the price to extend its bearish correction towards areas that might reach 58.67 before any new attempt to rise.
MoreCrude oil awaits the rise – Analysis - 17-11-2017
Crude oil price continues to fluctuate near the bullish channel's support that appears on chart and keeps its stability above it, which keeps the bullish trend scenario active until now, and stochastic begins to provide positive overlapping signals that we are waiting to assist to push the price to resume the bullish trend in the upcoming sessions.
MoreSilver needs positive momentum – Analysis - 17-11-2017
The tight range keeps dominating Silver price trading, which keeps its stability above the key support 16.56, to keep the bullish trend scenario valid as it is without any change, and the price needs strong positive motive to support the chances of breaching 17.43 to push trades towards 18.30 that represents our next main target.
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