Midday update for the AUDUSD 26-10-2021
The AUDUSD pair shows some bearish bias to test the intraday bullish trend line, and as long as the price is above 0.7455, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our targets begin at 0.7545 and extend to 0.7615.
The expected trading range for today is between 0.7470 support and 0.7570 resistance
The expected trend for today: Bullish
Midday update for Brent oil 26-10-2021
Brent oil price didn’t show any strong move since morning, to continue fluctuating around 85.55, thus, the bullish trend scenario will remain valid as it is without any change, which depends on the price stability above 84.40, reminding you that our next main target reaches 88.00.
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 26-10-2021
Crude oil price shows sideways trading since morning, and as long as the price is above 82.85, our bullish overview will remain valid for today, supported by the positive overlapping signal provided by stochastic, waiting to surpass 85.25 to ease the mission of heading towards our main positive targets that start at 85.85 and extend to 87.35.
The expected trading range for today is between 82.50 support and 85.50 resistance.
The expected trend for today: Bullish
Midday update for Silver 26-10-2021
Silver price tested 24.20 level again and keeps its stability above it until now, getting continuous positive support by the EMA50, to keep the bullish trend scenario active for today, which targets 25.05 as a next main station, noting that breaking 24.20 will put the price under the negative pressure and lead to turn to decline.
The expected trading range for today is between 24.10 support and 24.85 resistance.
The expected trend for today: Bullish