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Silver price forecast update 11-04-2024

Economies.com
2024-04-11 11:09 UTC

Silver Price Analysis

Expected Scenario

  • Silver price hovers around the bullish channel’s support line again, noticing that stochastic approaches the oversold areas, waiting to motivate the price to resume the expected bullish trend for today, which its main targets located at 28.75$ followed by 29.40$.
  • The EMA50 continues to support the suggested rise, which will remain valid unless breaking 27.50$ and holding below it.

Expected Trading Range

Between 27.80$ support and 28.50$ resistance.

Trend Forecast: Bullish

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The GBPUSD forecast update 11-04-2024

Economies.com
2024-04-11 11:08 UTC

Between 1.2450$ support and 1.2610$ resistance.

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The EURUSD price forecast update - 11-04-2024

Economies.com
2024-04-11 11:08 UTC

Between 1.0655$ support and 1.0810$ resistance.

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The GBPCHF provides positive signal – Forecast today – 11-4-2024

Economies.com
2024-04-11 07:37 UTC

The GBPCHF pair is exhibiting positive signals, closing above the 1.1410 resistance line and attempting to confirm a move to the bullish track, with gains reaching 1.1480. Stability above the resistance confirms the formation of a key support line. Stochastic indicators crawling towards overbought areas suggest strong positive momentum, indicating potential targets at 1.1528 and 1.1580 on a medium-term basis.

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