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Silver Price reaches our target– Analysis-09-03-2026
Silver price declined during its latest intraday trading, reaching the important support level of 79.50$, which represents a price target we identified in our previous analysis. This move was influenced by the emergence of negative signals from the relative strength indicators after it reached sharply overbought levels, which increased selling pressure on price movements.
This decline comes amid continued negative pressure as the price trades below EMA50, which acts as a dynamic resistance limiting recovery opportunities. The price also remains affected by its earlier break of a short-term upward corrective trendline, reinforcing the negative outlook for its movements in the near term.
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Gold prices show more signs of weakness- Analysis-09-03-2026
Gold price declined during its latest intraday trading, affected by its earlier break below a short-term bullish corrective trendline, which increased the selling pressure on its movements. The price also continues to face negative and dynamic pressure as it remains below EMA50, which has acted as a barrier against attempts to recovery during the recent period.
MoreEURUSD price falls and breaks our target- Analysis-09-03-2026
The EURUSD pair is facing strong selling pressure during its latest intraday trading, entering a sharp bearish wave that pushed it to break the key support level at 1.1565, which we had previously identified as a price target in our earlier analysis.
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The price of (ETHUSD) settles on a decline in its last intraday trading, amid its trading alongside bullish corrective trend line on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, attempting to gain bullish momentum that might help it to recover and rise again, especially with the beginning of forming positive divergence on relative strength indicators, with the emergence of positive signals from there after reaching exaggerated oversold levels compared to the price move.
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