Silver price loses momentum – Analysis - 17-04-2019
Economies.com
2019-04-17 03:35AM UTC
Silver price hovers near 15.00 level, and approaches from testing the bearish channel’s resistance, while the EMA50 forms a negative pressure against the price, accompanied with stochastic reach to the overbought levels.
Therefore, these factors encourage us to keep our bearish trend expectations, waiting for visiting 14.73 level as a next main target, reminding you that the continuation of the expected decline depends on the stability below 15.22 level.
The expected trading range for today is between 14.73 support and 15.10 resistance.
The expected trend for today: Bearish
Commodities News
Commodities
Gold driven lower by dollar's strength
2024-05-07 19:25PM UTC
Gold prices fell on Tuesday as the dollar rose against most major rivals, amid ongoing uncertainty ...
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 Technical Analysis
Commodities
End of day crude oil price forecast update - 07-05-2024
2024-05-07 18:09PM UTC
Crude oil price traded with clear negativity to reach few pips away from our waited target at ...
Commodities
Coffee price collapses – Forecast today – 7-5-2024
2024-05-07 05:38AM UTC
Expected Scenarios and Trading Range Scenario 1: Strong Negative Pressure Coffee price fails ...
Commodities
Natural gas price needs to confirm the breach – Forecast today – 7-5-2024
2024-05-07 05:37AM UTC
Expected Scenarios and Trading Range Scenario 1: Attempted Breakout Natural gas price ...