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AUDUSD keeps its positive stability – Analysis - 16-01-2018
The AUDUSD pair confirmed breaching 0.7937 level after closing the daily candlestick above it, which supports the continuation of our bullish overview efficiently for the upcoming period, and the way is open to target the previously recorded top at 0.8125 as a next main station.
Therefore, we are waiting for more rise on the intraday and short term basis, noting that holding above 0.7937 represents initial condition to continue the waited rise.
Expected trading range for today is between 0.7900 support and 0.8050
Expected trend for today: Bullish
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Brent oil surpasses the psychological barrier – Analysis - 16-01-2018
Brent oil price managed to get daily close above 70.00, which forms positive signal that supports the continuation of the overall bullish trend, which moves inside the bullish channel that appears on the chart, waiting to visit 71.45 level as a next main target.
MoreCrude oil around the main resistance – Analysis - 16-01-2018
Crude oil price hovers around the main bullish channel's resistance, noting that the price got a daily close above this level, which reinforces the expectations of continuing the main bullish trend in the upcoming sessions, which its next target located at 66.75.
MoreSilver awaits the breach – Analysis - 16-01-2018
Silver price settles near the key resistance 17.43, and we still waiting to breach this level to confirm extending the bullish wave towards our next target at 18.30, reinforced by the positive signal that appears on stochastic.
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