Midday update for the AUDUSD 25-10-2021
The AUDUSD pair attempts to breach the minor resistance at 0.7495, waiting for more rise for the rest of the day, supported by the EMA50 and stochastic positivity, reminding you that our waited targets begin at 0.7545 followed by 0.7615, while the expected rise will remain valid unless breaking 0.7455 and holding below it.
The expected trading range for today is between 0.7455 support and 0.7545 resistance
The expected trend for today: Bullish
Midday update for Brent oil 25-10-2021
Brent oil price hovers around 85.55 level, and we still waiting to breach this level to confirm the continuation of the main bullish trend, as the next main target is located at 88.00.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 84.40 and holding below it.
The expected trading range for today is between 84.00 support and 87.00 resistance.
The expected trend for today: Bullish
Midday update for Crude oil 25-10-2021
Crude oil price continues to fluctuate near the key resistance 84.85, and as we mentioned this morning, the price needs to breach this level to confirm rallying towards more gains on the short term and medium term basis, as our next targets are located at 85.85 followed by 87.35, noting that it is important to hold above 83.90 to achieve these targets.
The expected trading range for today is between 83.50 support and 86.20 resistance.
The expected trend for today: Bullish
Midday update for Silver 25-10-2021
Silver price keeps its stability above 24.20 level, while stochastic begins to provide positive signals now, waiting to motivate the price to resume the expected bullish trend for today, which depends on the price stability above the mentioned level, reminding you that our next main station is located at 25.05.
The expected trading range for today is between 24.20 support and 24.85 resistance.
The expected trend for today: Bullish