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Midday update for AUD USD 20/01/2015

Economies.com
2015-01-20 11:54AM UTC

 

The AUDUSD shows bullish bias after leaning on the EMA50, to keep our positive expectations valid efficiently for today, waiting for targeting 0.8375 level mainly.

 

In general, we will keep our bullish trend expectations in the upcoming period unless breaking 0.8090 then 0.8030 levels and holding below them.

 

Expected trading range for today is between: 0.8090 support and 0.8290 resistance.

 

Expected trend for today: Bullish

Midday update for Crude Oil 20/01/2015

Economies.com
2015-01-20 11:53AM UTC

 

Crude oil price keeps fluctuating around the EMA50, while stochastic begin to rise to support resuming the suggested bullish bias for today, which its main targets begin by attempting to breach 49.65 level to confirm the extension of the bullish wave towards 55.00.

 

In general, holding above 44.65 will keep the expected bullish trend valid.

 

Expected trading range for today is between 46.00 support and 51.00 resistance.

 

Expected trend for today: Bullish

 

Midday update for Silver 20/01/2015

Economies.com
2015-01-20 11:53AM UTC

 

Silver price succeeds to breach the morning mentioned bullish pennant flag’s resistance, to activate the positive the positive effect of this pattern, which supports the continuation of our positive expectations efficiently for today, waiting for hitting our main targets that begin at 18.30 and extend to 19.05.

 

We remind you that holding above 17.50 is important for the continuation of the expected bullish trend.

 

Expected trading range for today is between: 17.00 support and 18.30 resistance.

 

Expected trend for today: Bullish

 

Midday update for Gold 20/01/2015

Economies.com
2015-01-20 11:53AM UTC

 

Gold price rallied strongly approaching from the main waited target at 1294.50, reinforcing our positive expectations for today, and there are signals for a possibility to continue the bullish trend in the upcoming trading, to extend the trading towards 1322.00 after breaching the previous level.

 

In general, we will keep preferring the bullish trend for the rest of today unless breaking 1263.50 level and holding below it.

 

Expected trading range for today is between: 1263.50 support and 1300.00 resistance.

 

Expected trend for today: Bullish