Midday update for Silver 15-03-2021
Economies.com
2021-03-15 10:22AM UTC
Silver price tests the intraday bearish channel’s resistance and still below it until now, while stochastic reaches the overbought areas, waiting to motivate the price to resume the expected bearish trend for today, which its targets begin by breaking 25.50 to confirm extending the bearish wave towards 24.55, while holding below 26.40 represents key condition to continue the suggested decline.
The expected trading range for today is between 25.40 support and 26.40 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Oil prices lost ground despite large US inventory drawdown
2024-04-24 20:42PM UTC
Oil prices fell on Wednesday despite earlier official data that showed a steep decline in US crude ...
Commodities
US crude stocks fall more than expected
2024-04-24 16:29PM UTC
The Energy Information Administration reported a drop of 6.4 million barrels in US crude stocks ...
Commodities
Oil prices move in a positive zone after surprise drop in US stocks
2024-04-24 12:29PM UTC
Global oil prices rose in European trade on Wednesday away from recent three-week lows after ...
Commodities Technical Analysis
Commodities
Wheat price achieves more gains – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Wheat Price Analysis Wheat price rallied upwards yesterday to succeed achieving our new waited ...
Commodities
Soybean price approaches the target – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Soybean Price Analysis Soybean price rebounds bearishly after approaching our waited target at ...
Commodities
Corn price under the negative pressure – Forecast today - 25-04-2024
2024-04-25 04:08AM UTC
Corn Price Analysis Corn price managed to break 449.20$ level and approaches to retest the ...