Silver price attempts positively – Analysis - 26-04-2019
Economies.com
2019-04-26 04:08AM UTC
Silver price attempts to breach the bearish channel’s resistance that appears on the chart, while the EMA50 forms negative pressure to protect the overall negative scenario, as we still keep our bearish overview that targets 14.73 level as a next main station.
On the other hand, we should note that the continuation of the bullish bias and surpassing 15.00 will push the price to test 15.22 before any new attempt to decline.
The expected trading range for today is between 14.70 support and 15.10 resistance.
The expected trend for today: Bearish
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
Wheat price achieves strong gains – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Wheat Price Analysis Wheat price rallied upwards strongly yesterday to breach 641.50$ and settle ...
Commodities
Soybean price surpasses the target – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Soybean Price Analysis Soybean price rallied upwards strongly to surpass our waited target at ...
Commodities
Corn price is recovering – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
Corn Price Analysis Corn price bounced upwards strongly to breach 461.90$ level and approach ...