The AUDUSD resumes the rise – Analysis - 26-10-2021
The AUDUSD pair opens today’s trading positively to surpass 0.7495 level and reinforce the expcetations of continuing the bullish trend, and the way is open to test 0.7545 level that represents our first target, noting that breaching this level will push the price to 0.7615 direct.
In general, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 0.7455.
The expected trading range for today is between 0.7470 support and 0.7570 resistance
The expected trend for today: Bullish
Brent oil price attempts to breach – Analysis - 26-10-2021
Brent oil price continues the attempts to breach the key resistance 85.55, noticing that stochastic attempts to gather the positive momentum on the intraday basis, to support the chances of continuing the rise in the upcoming sessions, to keep the bullish trend scenario active, reminding you that the next main target extends to 88.00.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid and active conditioned by the price stability above 84.40.
The expected trading range for today is between 84.00 support and 87.00 resistance.
The expected trend for today: Bullish
Brent oil price attempts to breach – Analysis - 26-10-2021
Brent oil price continues the attempts to breach the key resistance 85.55, noticing that stochastic attempts to gather the positive momentum on the intraday basis, to support the chances of continuing the rise in the upcoming sessions, to keep the bullish trend scenario active, reminding you that the next main target extends to 88.00.
The EMA50 keeps supporting the suggested bullish wave, which will remain valid and active conditioned by the price stability above 84.40.
The expected trading range for today is between 84.00 support and 87.00 resistance.
The expected trend for today: Bullish
Crude oil price gathers the positive momentum – Analysis - 26-10-2021
Crude oil price faced solid obstacle at the main bullish channel’s resistance, to rebound bearishly and suffer some intraday losses, noticing that stochastic provides positive signals that motivate the price to start positively today, to support the chances of resuming the bullish trend again.
Therefore, we expect to witness bullish bias today, and the targets begin by breaching 85.25 to confirm opening the way to visit 85.85 followed by 87.35 levels as next main stations, noting that breaking 82.85 will stop the expected rise and press on the price to achieve more bearish correction that its next target reaches 81.30.
The expected trading range for today is between 82.50 support and 85.50 resistance.
The expected trend for today: Bullish