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Midday update for AUDUSD 29-03-2018
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
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Midday update for Brent oil 29-03-2018
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.
MoreMidday update for Crude oil 29-03-2018
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.
MoreMidday update for Silver 29-03-2018
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.
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