AUD/USD Price Analysis

Expected Scenario

• The AUD/USD price resumes its negative trades to attack 0.6500$ level and attempts to hold below it, reinforcing the expectations of continuing the bearish trend on the intraday basis, to head towards visiting 0.6410$ level that represent our next target, reminding you that the continuation of the bearish wave conditions the price stability below 0.6570$.

Expected Trading Range

Between 0.6480$ support and 0.6585$ resistance.

Brent Oil Price Analysis

Expected Scenario

• Brent oil price trades with clear positivity now to reach the thresholds of the first waited target at 91.30$, noting that we expect the continuation of the bullish trend domination to achieve gains that reach 93.70$, supported by the EMA50, reminding you that the continuation of the bullish wave depends on the price stability above 89.75$.

Expected Trading Range

Between 89.30$ support and 92.40$ resistance.

Crude Oil Price Analysis

Expected Scenario

• Crude oil price resumes its positive trading to move away from 86.00$ barrier, reinforcing the expectations of continuing the bullish trend for the rest of the day, waiting to visit 87.75$ followed by 89.05$ levels that represent our next main targets.
• The EMA50 keeps supporting the suggested bullish wave, reminding you that it is important to hold above 85.45$ to achieve the waited targets.

Expected Trading Range

Between 84.60$ support and 87.60$ resistance.

Silver Price Analysis

Expected Scenario

• Silver price keeps rallying bullishly to approach our new waited target at 29.40$, moving within the bullish channel that supports the chances of achieving more gains on the longer-term basis, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 28.25$.

Expected Trading Range

Between 28.55$ support and 29.30$ resistance.