The AUDUSD pair tests the key resistance 0.7615, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for today, as breacing it will push the price to achieve more rise in the upcoming sessions, while the price needs negative motive that assist to push trades towards our next negative target that reaches 0.7500.
The expected trading range for today is between 0.7540 support and 0.7650 resistance
The expected trend for today: Bearish
Brent oil price rallies upwards strongly to surpass 62.35 and reaches 62.94 now, which represent 23.6% Fibonacci correction level that was broken previously, to turn into key resistance now, to monitor the upcoming trading carefully, as the price needs to consolidate above the mentioned resistance to keep the chances valid to resume the morning suggested bearish trend, as breaching 62.94 represents the key to continue the rise and return to the main bullish track again.
The expected trading range for today is between 61.50 support and 63.50 resistance.
The expected trend for today: Bearish
Crude oil price trades with strong positivity to surpass 59.20 level and test the next key resistance 59.85, which urges caution from the upcoming trading, as continuing the rise and surpassing the last level will stop the correctional bearish scenario and lead the price to regain the main bullish trend again, while the price needs to trade below 59.20 again to reactivate the negative scenario that its next main target located at 54.83.
The expected trading range for today is between 58.00 support and 60.00 resistance.
The expected trend for today: Bearish
Silver price settles below 25.50, to keep the negative pressure suggested for today, supported by the EMA50, waiting to resume the negative trades that target 24.55 level mainly, while achieve it requires holding below 25.50.
The expected trading range for today is between 24.60 support and 25.60 resistance.
The expected trend for today: Bearish