The AUDUSD pair settles at the bullish channel’s support line, and stochastic begins providing positive signals that support resuming the main bullish trend, but we still neutral until the price confirms its situation according to 0.7695 to detect the next destination clearly.
To review the expected targets for the upcoming period, please check our morning report.
The expected trading range for today is between 0.7625 support and 0.7780
The expected trend for today: Neutral
Brent oil price touched 55.00 level and begins recovery attempts now, accompanied by stochastic getting rid of the negative momentum gradually, waiting to motivate the price to resume the main bullish trend, which its next main target located at 57.77, reminding you that it is important to hold above 54.95 to continue the expected rise.
The expected trading range for today is between 54.10 support and 57.00 resistance.
The expected trend for today: Bullish
Crude oil price continues to fluctuate around 51.70 level and keeps its stability above it, to keep the bullish trend scenario valid for today, which depends on the price stability above the mentioned level and above 51.40, supported by the EMA50 that keeps carrying the bullish wave, reminding you that our next main target extends to 54.62.
The expected trading range for today is between 50.60 support and 53.30 resistance.
The expected trend for today: Bullish
Silver price trades positively to approach testing the key resistance 25.50, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for the upcoming period, which targets 22.87 level as a next negative target, noting that breaching the mentioned resistance will push the price to regain the main bullish trend again.
The expected trading range for today is between 23.80 support and 25.50 resistance.
The expected trend for today: Bearish