Midday update for Silver 24-03-2017
Economies.com
2017-03-24 11:11AM UTC
The tight range continues to control Silver price’s trading since morning, which keeps its stability above 17.43 level, while stochastic begins to curve bullishly after reaching the oversold levels, to support the chances for resuming the bullish trend in the upcoming sessions, which gets continuous support from the EMA50.
Therefore, the bullish trend will remain preferred for today unless breaking 16.95 then 16.56 levels and holding below it, reminding you that our next main target located at 18.30.
Expected trading range for today is between 17.40 support and 17.80 resistance.
Expected trend for today: Bullish
Commodities News
Commodities
Brent climbs 1.25% after Saudi crude price hike
2024-05-06 14:34PM UTC
International benchmark Brent rose 1.25% in the early American trade on track for the first profit ...
Commodities
Gold recovers as dollar loses ground
2024-05-06 09:32AM UTC
Gold prices rose in European trade on Monday for the first session in three days away from ...
Commodities
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...