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The AUDUSD price begins positively – Forecast today - 30-12-2024

Economies.com
2024-12-30 04:15AM UTC

The AUDUSD price provides positive trades by today’s open to surpass the intraday bearish trend line and head towards achieving some expected bullish correction in the upcoming sessions, targeting 0.6350$ mainly.

 

Therefore, the bullish bias will be suggested for today, and breaching 0.6280$ will ease the mission to achieve the expected target, while breaking 0.6205$ will stop the expected rise and push the price to decline again.

 

The expected trading range for today is between 0.6200$ support and 0.6290$ resistance

 

Trend forecast: Bullish

Brent oil price attempts to recover – Forecast today - 30-12-2024

Economies.com
2024-12-30 04:15AM UTC

Brent oil price surpassed 73.90$ level by today’s open and closed the last four hours’ candlestick above it, to start building bullish wave on the intraday basis, its targets begin by testing 75.36$ level, noting that breaching this level will extend the bullish wave to reach 76.84$.

 

Therefore, the bullish trend will be expected for today unless breaking 73.9$ and holding below it again.

 

The expected trading range for today is between 73.00$ support and 75.80$ resistance.

 

Trend forecast: Bullish

Crude oil price breaches the resistance – Forecast today - 30-12-2024

Economies.com
2024-12-30 04:15AM UTC

Crude oil price opened today with clear positivity to breach 70.58$ and attempt to hold above it, to start activating the bullish wave on the intraday basis and head towards achieving positive targets that start by visiting 72.15$ areas.

 

Therefore, the bullish bias will be suggested for the upcoming sessions, noting that failing to consolidate above 70.58$ will stop the expected rise and put the price within the sideways track again.

 

The expected trading range for today is between 69.40$ support and 72.40$ resistance

 

Trend forecast: Bullish

Silver price resumes the decline - Forecast today - 30-12-2024

Economies.com
2024-12-30 04:15AM UTC

Silver price bounced bearishly after testing the EMA50 in the previous sessions, to settle below 29.63$ again, to keep the bearish trend scenario valid and active for the upcoming period, waiting to test 28.40$ as a first station.

 

Note that breaking the mentioned level will push the price to suffer additional losses that reach 27.00$ as a next negative station, while the expected decline will remain valid unless breaching 29.63$ - 29.85$ levels and holding above them.

 

The expected trading range for today is between 28.90$ support and 29.70$ resistance.

 

Trend forecast: Bearish