The AUDUSD breaches the resistance – Analysis - 12-01-2022
The AUDUSD pair opens today’s trading with additional positivity to breach 0.7205 level and settles above it, to reactivate the correctional bullish scenario and lead towards achieving gains that start by testing 0.7275 areas.
Therefore, the bullish bias will be suggested for today unless breaking 0.7205 and holding below it again.
The expected trading range for today is between 0.7180 support and 0.7275 resistance
The expected trend for today: Bullish
Brent oil price returns to the bullish channel – Analysis - 12-01-2022
Brent oil price provided more positive trades to settle above 83.00$ barrier, which supports the continuation of the bullish trend expectations efficiently on the intraday and short term basis, waiting to test 84.55 as a next target, noting that breaching this level will push the price to 85.80 as a next station.
Therefore, the bullish trend scenario will remain dominant in the upcoming sessions, noting that breaking 82.80 might press on the price to test 80.80 areas before any new attempt to rise.
The expected trading range for today is between 82.00 support and 85.00 resistance.
The expected trend for today: Bullish
Crude oil price keeps achieving gains – Analysis - 12-01-2022
Crude oil price shows more rise to reach the thresholds of the first waited target at 81.75, and moves inside the bullish channel that supports the chances of achieving more gains on the intraday basis, noting that the next targets reach 84.00 followed by 85.40.
Therefore, the bullish trend will remain valid and active for the upcoming period conditioned by the price stability above 79.80.
The expected trading range for today is between 80.00 support and 83.00 resistance.
The expected trend for today: Bullish
Silver price breaches the resistance - Analysis - 12-01-2022
Silver price surpassed 22.60 level and settled above it, to move inside bullish channel that we expect to push the price to reach 23.15 as a next main target.
Therefore, the bullish bias will be suggested in the upcoming sessions, noting that breaking 226.0 and holding below it again will reactivate the negative scenario that its targets begin by testing 22.00 areas.
The expected trading range for today is between 22.50 support and 23.15 resistance.
The expected trend for today: Bullish