The AUDUSD pair shows additional negative trades to surpass 0.6980 level and reach the bullish channel’s support line, expecting to surpass this level and extend the bearish wave towards 0.6910 level, to keep the bearish trend scenario active unless breaching 0.7050 and holding above it.
The expected trading range for today is between 0.6940 support and 0.7050 resistance
The expected trend for today: Bearish
Brent oil price shows new negative trades to trade below 94.00 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, opening the way to head towards 92.00 that represents our next target, noting that breaching 96.20 will stop the expected decline and lead the price to start correctional bullish wave.
The expected trading range for today is between 92.50 support and 96.20 resistance.
The expected trend for today: Bearish
Crude oil price returns to decline to move below 86.36 level, to keep the bearish trend scenario valid and active for the upcoming period, waiting to head towards 85.00 followed by 84.00 levels as next main targets, reminding you that the continuation of the bearish wave depends on the price stability below 87.70.
The expected trading range for today is between 84.50 support and 88.20 resistance.
The expected trend for today: Bearish
Silver price faces clear negative pressure now to attack 20.00 level, which urges caution from the upcoming trading, as confirming breaking this level will stop the recently suggested positive scenario and press on the price to turn to decline, to head towards achieving negative targets that start at 19.55 and extend to 19.00.
The expected trading range for today is between 19.70 support and 20.60 resistance.
The expected trend for today: Bullish