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Midday update for the AUDUSD 08-11-2019

Economies.com
2019-11-08 10:39AM UTC

The AUDUSD pair shows slight bearish bias to move away gradually from 0.6895 level, to support the continuation of our bearish overview in the upcoming period, which targets 0.6825 followed by 0.6755 levels as next main stations, reminding you that it is important to hold below 0.6895 to continue the expected decline.

 

The expected trading range for today is between 0.6800 support and 0.6930

 

The expected trend for today: Bearish

Midday update for Brent oil 08-11-2019

Economies.com
2019-11-08 10:38AM UTC

Brent oil price managed to break 61.30 level and settles below it now, which supports the continuation of our bearish overview efficiently in the upcoming sessions, opening the way to visit 59.60 level that represents our next main target, reminding you that the continuation of the expected bearish trend depends on the price stability below 62.50.

 

The expected trading range for today is between 59.60 support and 62.50 resistance.

 

The expected trend for today: Bearish

Midday update for Crude oil 08-11-2019

Economies.com
2019-11-08 10:38AM UTC

Crude oil price traded with clear negativity to start pressing on the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, as the price approaches our first waited target at 56.00, waiting for more decline to visit 54.60 level as a next main station, reminding you that the continuation of the expected decline conditions holding below 57.40.

 

The expected trading range for today is between 54.60 support and 58.00 resistance.

 

The expected trend for today: Bearish

Midday update for Silver 08-11-2019

Economies.com
2019-11-08 10:38AM UTC

Silver price continues to fluctuate at 16.96 level, waiting to break this level to confirm the extension of the bearish wave towards 16.33 level that represents 61.8% Fibonacci correction level for the rise measured from 14.28 to 19.64, to keep our bearish trend expectations for today unless the price rallied to breach 17.60 level and hold above it.

 

The expected trading range for today is between 16.60 support and 17.20 resistance.

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6568 (2025-07-03 04:35AM UTC)