AudUsd is trading in support

After the double bottom in the important support area at 0.66, AudUsd has risen strongly and reached 0.69 resistance given by the previous high.
At this moment the pair is rolling back down in a normal correction and this could offer bulls nice buying opportunities in anticipation of an up continuation.
At the time of writing AudUsd is trading exactly in the old resistance of the range which should provide support now and I’m looking for reversal signs.

EurUsd is trying for a new local high

As I’ve written last week, EurUsd will probably break above 1.1 resistance.
CPI data brought us the fuel for the break and now the pair is trading at 1.1233, near the local high.
The price is consolidating these gains at this moment and a new high could follow this consolidation.
In my opinion, we will not have a retest of the 1.11 support, this being too obvious and too many are waiting to buy this support.
With this in mind, dips under 1.12 should be bought, and the target for the next leg up could be 1.1350

Silver- Comfortable above support

Last week was a good one also for Silver, with the price managing to break above two important resistances: 23:20 and 24:50.
Now XagUsd is trading comfortably above the latter, which should provide support now.
That being said, dips in the 24.50 zone should be bought and the target could be set in the previous high zone around 26.
Negation comes with a daily close under support