|
Midday update for the AUDUSD 24-01-2024
The AUDUSD pair trades with clear positivity to move away from 0.6570 level and hints heading to reactivate the intraday bullish track, on its way to test 0.6640 as a next main station.
Therefore, the bullish bias will be expected for the rest of the day supported by stochastic positivity, noting that it is important to hold above 0.6570 to continue the suggested rise.
The expected trading range for today is between 0.6510 support and 0.6630 resistance
The expected trend for today: Bullish
Thanks for your feedback.
Midday update for Brent oil 24-01-2024
Brent oil price didn’t show any strong move since morning, and keeps fluctuating around 79.50, which keeps the positive scenario valid as it is without any change for today, supported by the EMA50, which targets 81.00 level initially, reminding you that the continuation of the bullish wave depends on the price stability above 77.44.
MoreMidday update for Crude oil 24-01-2024
Crude oil price shows weak trades since morning, thus, no change to the expected bullish trend scenario for today, which depends on the price stability above 73.73 and 73.05 levels, supported by the EMA50 that carries the price from below, noting that we are waiting to visit 77.86 as a next main target.
MoreMidday update for Silver 24-01-2024
Silver price rallies upwards to test 22.50 level and head towards activating the positive scenario in the upcoming sessions, targeting testing 23.00 level initially, noting that breaching it will extend the bullish wave to reach 23.70 areas on the near-term basis, while the expected rise will remain valid unless breaking 22.25 and holding below it.
More