Silver price under the negative pressure – Analysis - 15-04-2019
Economies.com
2019-04-15 04:27AM UTC
Silver price resumes its negative trades after approaching the bearish channel’s resistance that appears on the chart, supported by the negative pressure formed by the EMA50, to continue moving towards our main waited target at 14.73, waiting for more decline in the upcoming sessions.
Note that surpassing the targeted level will push the price to head towards 14.50 as a next main station, while the continuation of the expected decline depends on the price stability below 15.22.
The expected trading range for today is between 14.73 support and 15.10 resistance.
The expected trend for today: Bearish
Commodities News
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
Oil prices reverse lower, with US crude slumping 7% this week
2024-05-03 19:36PM UTC
Oil prices fell on Friday to seven-week lows amid concerns about oversupplies after an unexpected ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Brent Oil Price Analysis Brent oil price is affected by stochastic positivity, trading ...
Commodities
Crude oil price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Crude Oil Price Analysis Crude oil price fluctuates positively to approach testing the key ...
Commodities
Silver price forecast update 06-05-2024
2024-05-06 11:08AM UTC
Silver Price Analysis Silver price breached the 26.90$ level clearly and closed the last four ...