The AUDUSD pair traded with clear negativity to approach our waited target at 0.7500, to keep the bearish trend scenario active for today, noting that breaking the mentioned level will extend the bearish wave to reach 0.7375 as a next main station, while holding below 0.7615 represents key condition to continue the expected decline.
The expected trading range for today is between 0.7500 support and 0.7615 resistance
The expected trend for today: Bearish
Brent oil price shows clear positive trading to move away from 62.95, but it faces solid resistance formed by the EMA50 at 64.15, which support the chances of bouncing bearishly to resume the expected bearish trend for today, which its targets begin by breaking 62.95 to open the way to head towards 61.50 followed by 60.30, taking into consideration that breaching 64.15 will stop the negative scenario and lead the price to recover again.
The expected trading range for today is between 61.50 support and 64.50 resistance.
The expected trend for today: Bearish
Crude oil price trades with clear positivity to breach 59.85 and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the morning suggested negative scenario and push to achieve new gains that start at 61.45 and extend to 62.20, while the price needs to trade below 59.85 again to resume the decline that its first target located at 57.25.
The expected trading range for today is between 57.60 support and 61.00 resistance.
The expected trend for today: Bearish
Silver price didn’t show any strong move since morning, and the EMA50 continues to press on the price, to keep our bearish overview that depends on the price stability below 25.50, noting that our next main target extends to 22.90.
The expected trading range for today is between 23.60 support and 24.70 resistance.
The expected trend for today: Bearish