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The AUDUSD price under the negative pressure – Forecast today - 28-06-2024

Economies.com
2024-06-28 04:15AM UTC

The AUDUSD price begins today with clear negativity to break 0.6640$ and attempts to hold below it, to hint heading to decline in the upcoming sessions, targeting 0.6570$ mainly.

 

Therefore, the bearish bias will be suggested for today, noting that breaching 0.6640$ and holding above it again will reactivate the bullish wave scenario that its next target reaches 0.6728$.

 

The expected trading range for today is between 0.6570$ support and 0.6770$ resistance

 

Trend forecast: Bearish

 

Brent oil price keeps rising – Forecast today - 28-06-2024

Economies.com
2024-06-28 04:14AM UTC

Brent oil price provides new positive trades now to move away from 86.00$ barrier, which supports the continuation of the expected bullish trend on the intraday and short-term basis, waiting to test 87.67$ as a next target, which breaching it represents the key to rally towards 89.50$ as a next main station.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, reminding you that it is important to hold above 84.77$ to achieve the waited targets.

 

The expected trading range for today is between 85.20$ support and 88.20$ resistance.

 

Trend forecast: Bullish

Crude oil price resumes the bullish trend – Forecast today - 28-06-2024

Economies.com
2024-06-28 04:14AM UTC

Crude oil price continued to rise to confirm surpassing the sideways range’s resistance and resume the main bullish track, on its way to achieve positive targets that start by visiting 83.90$, noting that breaching it will push the price towards 84.90$ as a next positive target.

 

Therefore, we expect to witness more rise in the upcoming sessions, noting that breaking 81.50$ will stop the bullish trend and push the price to turn to decline.

 

The expected trading range for today is between 81.20$ support and 84.20$ resistance

 

Trend forecast: Bullish

Silver price within sideways track - Forecast today - 28-06-2024

Economies.com
2024-06-28 04:14AM UTC

Silver price fluctuates within sideways range recently, showing new bullish bias now, and it might test the key resistance 29.30$ before turning back to decline again.

 

The EMA50 meets the mentioned resistance to add more strength to it, to keep the bearish trend scenario valid for the upcoming period, reminding you that our targets begin at 28.55$ and extend to 27.62$ after breaking the previous level, while achieving them requires holding below 29.30$.

 

The expected trading range for today is between 28.50$ support and 29.45$ resistance.

 

Trend forecast: Bearish

Frequently asked questions

What is the price of AUD/USD today?

The price of AUD/USD is $0.6526 (2025-07-16 08:05AM UTC)