Midday update for the AUDUSD 23-02-2021
The AUDUSD pair shows some slight bearish bias now, to test 0.7900 barrier, but as long as the price is above 0.7820, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 0.8000.
The expected trading range for today is between 0.7860 support and 0.8000 resistance
The expected trend for today: Bullish
Midday update for Brent oil 23-02-2021
Brent oil price shows some slight bearish bias affected by stochastic negativity, and as long as the price is above 64.60, our bullish overview will remain valid for today, as breaking this level will put the price under additional negative pressure that targets testing 62.60 areas before any new attempt to rise, reminding you that the next target of the expected bullish wave reaches 67.45.
The expected trading range for today is between 65.00 support and 68.00 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 23-02-2021
Crude oil price settles above the intraday bullish channel’s support line that appears on the chart, getting continuous positive support by the EMA50, to keep our bullish overview valid for today, which targets 65.60 as a next station, reminding you that it is important to hold above 61.60 to continue the expected rise.
The expected trading range for today is between 61.00 support and 64.00 resistance.
The expected trend for today: Bullish
Midday update for Silver 23-02-2021
Silver price keeps its stability above 27.50 level, to keep the bullish trend scenario active for today, supported by the EMA50 that carries the price from below, waiting to resume the positive trades that target 29.00 followed by 29.80 levels as next main stations.
The expected trading range for today is between 27.50 support and 29.00 resistance.
The expected trend for today: Bullish