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Midday update for the AUDUSD 11-09-2023
The AUDUSD pair provides additional positive trades to move away from 0.6400 level and hint the continuation of the rise for the rest of the day, making the bullish bias expected in the upcoming sessions, targeting testing 0.6545 mainly, supported by stochastic positivity, taking into consideration that the continuation of the bullish wave requires holding above 0.6400.
The expected trading range for today is between 0.6360 support and 0.6470 resistance
The expected trend for today: Bullish for the rest of the day
Midday update for Brent oil 11-09-2023
The tight range dominates brent oil price trades since morning, thus, no change to the expected bearish trend for today, which its targets begin by testing 89.25, noting that stochastic provides negative signals that support the suggested decline, which will remain valid unless the price rallied to breach 91.50 and hold above it.
MoreMidday update for Crude oil 11-09-2023
Crude oil price shows weak trades since morning, settling around 87.00, thus, no change to the expected bearish trend scenario for today, motivated by the negative overlapping signal provided by stochastic now, waiting to test 85.75 as a first station, reminding you that the continuation of the bearish wave conditions holding below 88.18.
MoreMidday update for Silver 11-09-2023
Silver price shows positive trades to attempt to move away from 23.00 level, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our main waited target is located at 23.70.
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