Update: Silver price under the negative pressure

Economies.com
2020-04-21 12:17PM UTC

Silver price showed clear break to 15.08 level and attempts to hold below it, which hints the price to return to the main bearish track, especially that there’re signs of negative pattern that we expect to press on the price to head to 14.17 initially, taking into consideration that stepping above 15.08 again will stop the current negative pressure and lead the price to recover.

Commodities News

Steel News

Commodities

Nickel edges up as dollar tumbles
2024-05-15 15:57PM UTC
Nickel prices rose on Wednesday as the dollar slid against major rivals following major US ...
Oil News

Commodities

Oil prices slide to 3-month trough on grim outlook for global demand
2024-05-15 14:37PM UTC
Global oil prices skidded in American trade on Wednesday to three-month lows, sharpening losses for ...
Gold News

Commodities

Gold moves in a positive zone ahead of US inflation data
2024-05-15 09:19AM UTC
Gold prices rose in European trade on Wednesday, extending gains for the second straight day and ...

Commodities Technical Analysis

Oil Analysis

Commodities

End of day crude oil price forecast update - 15-05-2024
2024-05-15 17:43PM UTC
Crude oil price attempted to break 77.64$ level but it returned to consolidate above it, to head ...
Brent oil Analysis

Commodities

Brent oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price settles within a tight range ...
Oil Analysis

Commodities

Crude oil price forecast update 15-05-2024
2024-05-15 09:29AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price fluctuates within a tight ...