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The AUDUSD approaches the target – Analysis - 29-12-2021

Economies.com
2021-12-29 04:48AM UTC

The AUDUSD pair provided positive trades yesterday and approached our waited target at 0.7275, and bounced bearishly to lean on 0.7205 level, noticing that the price begins today with new bullish bias, motivated by stochastic positivity, waiting for more rise to surpass 0.7275 and open the way to visit 0.7340 as a next positive target.

 

Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.7205.

 

The expected trading range for today is between 0.7180 support and 0.7290 resistance

 

The expected trend for today: Bullish

Brent oil price keeps rising – Analysis - 29-12-2021

Economies.com
2021-12-29 04:48AM UTC

Brent oil price continues to provide the positive trades and attempted to breach 79.00 barrier yesterday, reinforcing the expectations of continuing the bullish trend, and the way is open to achieve our next main target at 80.80.

 

The positive effect of the doublt bottom pattern still active and supports the chances of achieving the waited targets, reminding you that it is important to hold above 77.70 to continue the expected rise.

 

The expected trading range for today is between 77.30 support and 80.40 resistance.

 

The expected trend for today: Bullish

Crude oil price gathers the positive momentum – Analysis - 29-12-2021

Economies.com
2021-12-29 04:48AM UTC

Crude oil price fluctuates around 76.40 level since yesterday, finding difficulty to breach it until now, noticing that stochastic gains the positive momentum clearly, waiting to motivate the price to resume the bullish trend that its next main target located at 79.80.

 

Therefore, the bullish trend scenario will remain valid and active on the intraday and short term basis, noting that breaking 75.45 will stop the expected rise and press on the price to test 73.60 areas before any new attempt to rise.

 

The expected trading range for today is between 74.80 support and 77.50 resistance.

The expected trend for today: Bullish

Silver price attempts to breach - Analysis - 29-12-2021

Economies.com
2021-12-29 04:47AM UTC

Silver price attempted to breach 23.15 level but it couldn’t manage to hold above it, to lean on the intraday bullish channel’s support line now, accompanied by witnessing positive signals through stochastic, waiting to resume the bullish wave that its next target located at 24.00.

 

Holding above 22.65 is important to continue the expected rise, which gets good support by the EMA50.

 

The expected trading range for today is between 22.70 support and 23.50 resistance.

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6539 (2025-07-09 05:45AM UTC)