Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

The AUDUSD breaches the resistance – Analysis - 08-10-2021

Economies.com
2021-10-08 04:15AM UTC

The AUDUSD pair breached 0.7290 level clearly and settled above it, to head towards achieving additional expected gains in the upcoming sessions, waiting to visit 0.7360 as a next station.

 

Therefore, the bullish bias will be suggested on the intraday basis, noting that breaking 0.7290 will stop the positive scenario and press on the price to decline again.

 

The expected trading range for today is between 0.7250 support and 0.7370 resistance

 

The expected trend for today: Bullish

Brent oil price achieves strong gains – Analysis - 08-10-2021

Economies.com
2021-10-08 04:14AM UTC

Brent oil price’s decline stopped at 78.80 level, and bounced upwards strongly to confirm resuming the main bullish track, targeting testing 84.00 level as a first positive station.

 

Therefore, the bullish trend will be dominant in the upcoming sessions, noting that failing to surpass 83.20 will stop the expected rise and press on the price to turn to decline, to head towards visiting 78.50 areas on the near term basis.

 

The expected trading range for today is between 81.00 support and 84.00 resistance.

 

The expected trend for today: Bullish

Crude oil price regains the bullish trend – Analysis - 08-10-2021

Economies.com
2021-10-08 04:14AM UTC

Crude oil price continues the the bullish rally to surpass 79.00$ barrier and confirms opening the way to achieve more expected gains in the upcoming period, and the way is open to visit the bullish channel’s resistance at 80.35.

 

Therefore, we expect to witness more rise today, supported by the EMA50 that carries the price from below, noting that breaking 78.35 will stop the expected rise and press on the price to decline again.

 

The expected trading range for today is between 78.00 support and 81.00 resistance.

The expected trend for today: Bullish

Silver price declines calmly - Analysis - 08-10-2021

Economies.com
2021-10-08 04:14AM UTC

Silver price shows calm negative trades to move away from 22.90 level, reinforcing the expectations of continuing the bearish trend for the upcoming period, which depends on the price stability below the mentioned level, reminding you that we are waiting to visit 21.65 level initially, while breaching 22.90 will push the price to test 23.35 areas before any new attempt to decline.

 

The expected trading range for today is between 22.00 support and 22.70 resistance.

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6551 (2025-07-06 00:06AM UTC)