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Silver price gets a negative signal - Analysis - 06-10-2021
Silver price fluctuates within tight sideways track in the previous sessions, noticing that stochastic begins to provide negative signals now, waiting to motivate the price to resume the expected bearish trend on the intraday basis, which its targets begin at 21.65.
Breaking 22.30 will ease the mission of achieving the expected decline, which will remain valid unless the price rallied to breach 22.90 and hold above it.
The expected trading range for today is between 22.00 support and 22.70 resistance.
The expected trend for today: Bearish
Gold price faces solid support – Analysis - 06-10-2021
Gold price continues to fluctuate around the breached resistance of the bearish channel that appears on the chart, waiting to get negative motive that assists to push the price to break the support line formed at 1755.00 and confirm rallying towards our main expected target at 1735.00.
MoreThe USDCAD retests the broken support – Analysis - 06-10-2021
The USDCAD pair is retesting 1.2600 level that was broken previously and keeps its stability below it, to keep the negative pressure valid on the intraday basis, waiting to head towards 1.2495 that represents our next main target.
MoreThe USDJPY resumes the rise – Analysis - 06-10-2021
The USDJPY pair traded with clear positivity yesterday to surpass the minor resistance 111.40 and settles above it, which supports the continuation of our bullish overview efficiently, and the way is open to head towards our main waited target at 112.05.
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