The AUDUSD hits the first target – Analysis - 30-12-2021
The AUDUSD pair managed to reach our waited target at 0.7275 and settles there, waiting to breach this level to confirm extending the bullish wave inside the bullish channel that targets 0.7340 as a next station.
Therefore, we will continue to suggest the bullish trend for the upcoming period unless breaking 0.7205 and holding below it.
The expected trading range for today is between 0.7205 support and 0.7320 resistance
The expected trend for today: Bullish
Brent oil price begins with new positivity – Analysis - 30-12-2021
Brent oil price resumes its positive trades to move above 79.00 barrier, which supports the expectaitons of continuing the bullish trend, which targets testing 80.80 level, noting that breaching this level will extend the bullish wave to reach 82.40 as a next main station.
The EMA50 continues to support the expected rise, which will remain valid conditioned by the price stability above 77.70.
The expected trading range for today is between 78.00 support and 81.00 resistance.
The expected trend for today: Bullish
Crude oil price surpasses the resistance – Analysis - 30-12-2021
Crude oil price managed to breach 76.40 level and close the daily candlestick above it, which supports the continuation of our bullish trend expectations efficiently for the upcoming period, paving the way to head towards 79.80 as a next positive target.
Therefore, the bullish bias will remain suggested on the intraday and short term basis supported by the EMA50, noting that holding above 76.40 is important to achieve the waited targets.
The expected trading range for today is between 75.40 support and 78.50 resistance.
The expected trend for today: Bullish
Silver price breaks the support - Analysis - 30-12-2021
Silver price ended yesterday below the intraday bullish channel’s support line, to head towards achieving expected bearish bias in the upcoming sessions, targeting testing 22.00 as a first station.
Therefore, the bearish trend will remain suggested for today, noting that breaching 23.15 will stop the current negative pressure and lead the price to resume the bullish wave again.
The expected trading range for today is between 22.20 support and 23.00 resistance.
The expected trend for today: Bearish