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Midday update for AUDUSD 29-03-2018

Economies.com
2018-03-29 09:54AM UTC

The AUDUSD pair shows some bullish bias affected by stochastic positivity and the strength of 0.7650 level, noticing that the indicator losses its bullish momentum gradually, while the EMA50 keeps pushing negatively on the price.

 

Therefore, we will keep our bearish trend expectations if the price settled below 0.7743, reminding you that our next main target extend to reach 0.7500.

 

Expected trading range for today is between 0.7570 support and 0.7720

 

Expected trend for today: Bearish

Midday update for Brent oil 29-03-2018

Economies.com
2018-03-29 09:54AM UTC

The sideways and tight range dominates Brent oil price trading since morning, and as long as the price is above 69.09, our bullish overview will remain active for today, supported by the EMA50, reminding you that our first main target is located at the previously recorded top at 71.36.

 

Expected trading range for today is between 68.50 support and 72.00 resistance.

 

Expected trend for today: Bullish

Midday update for Crude oil 29-03-2018

Economies.com
2018-03-29 09:54AM UTC

Crude oil price shows sideways trading since morning and settles above 64.20, thus, no change to the bullish trend scenario that depends on holding above the mentioned level, noting that our waited target is located at 66.70, while breaking 64.20 will extend oil price losses to reach 62.65 before any new positive attempt.

 

Expected trading range for today is between 63.50 support and 66.70 resistance.

 

Expected trend for today: Bullish

Midday update for Silver 29-03-2018

Economies.com
2018-03-29 09:54AM UTC

Silver price shows bearish bias to test the sideways range support line that appears on the chart, located at 16.15, and as long as the price is between this level and 16.80 resistance, the sideways move scenario will remain dominant until the price manages to surpass one of these levels.

 

To review the expected targets after the breach, please check our morning report, noting that stochastic and the EMA50 provide negative signals that might make the continuation of decline for the rest of the day more likely.

 

Expected trading range for today is between 16.20 support and 16.60 resistance.

 

Expected trend for today: Sideways

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6522 (2025-08-10 06:06AM UTC)