Silver price gets a positive motive - Analysis - 29-04-2021

Economies.com
2021-04-29 01:04AM UTC

Silver price resumes its positive trading after consolidating above the intraday bullish channel’s support line, to keep the bullish trend scenario valid and active for the upcoming period, supported by the positive signal provided by stochastic now, besides the EMA50 that carries the price from below, waiting to visit 27.00, reminding you that holding above 25.50 is important to continue the suggested rise.

 

The expected trading range for today is between 25.90 support and 26.80 resistance.

 

The expected trend for today: Bullish

Commodities News

Palladium News

Commodities

Palladium regains footing but remains below $1000
2024-05-10 14:55PM UTC
Palladium prices rose on Friday even as the dollar inched higher against major rivals, however, the ...
Silver News

Commodities

Silver prices rush to three-week highs as US yields taper off
2024-05-10 11:46AM UTC
Silver prices rose in European trade on Friday on track for the third straight profit, scaling a ...
Gold News

Commodities

Gold reverses higher as dollar dips after weak data
2024-05-09 19:44PM UTC
Gold prices rose on Thursday as the dollar index declined against most major rivals following ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 10-05-2024
2024-05-10 17:33PM UTC
Crude oil price trades with strong negativity to approach our waited target at 77.64$, to support ...
Brent oil Analysis

Commodities

Brent oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Brent oil price trades negatively now in attempt to resume the ...
Oil Analysis

Commodities

Crude oil price forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios Crude oil price shows negative trades to attempt to return below ...