The AUDUSD pair resumed its positive trades after testing the bullish channel’s support line, to head towards the first waited target at 0.7275, and we expect to surpass this level to visit the next correctional level at 0.7340.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.7195.
The expected trading range for today is between 0.7190 support and 0.7280 resistance
The expected trend for today: Bullish
Brent oil price achieved additional gains and reached the thresholds of the waited target at 80.80, organized inside the bullish channel that appears on the chart, which supports the chances of breaching the mentioned level and extend the bullish wave towards 81.90 followed by 84.00 areas on the near term basis.
Therefore, the bullish trend will remain dominant in the upcoming period unless breaking 77.70 level and holding below it.
The expected trading range for today is between 78.30 support and 81.40 resistance.
The expected trend for today: Bullish
Crude oil price settles above the key support base 76.40, getting good positive support by the EMa50, waiting to resume the bullish trend that targets 79.80 as a next main station.
Note that breaking 76.40 followed by 75.60 levels will stop the expected rise and press on the price to test 73.60 areas before any new attempt to rise.
The expected trading range for today is between 75.40 support and 78.50 resistance.
The expected trend for today: Bullish
Silver price provided temporary positive trades yesterday and approached testing the key resistance 23.15, accompanied by witnessing clear negative signals through stochastic, waiting to motivate the price to resume the expected bearish trend on the intraday basis, which its next target located at 22.20.
Therefore, the bearish trend scenario will remain valid and active unless breaching 23.15 and holding above it.
The expected trading range for today is between 22.40 support and 23.15 resistance.
The expected trend for today: Bearish