SILVER PRICE CHART AND FORECAST - TECHNICAL ANALYSIS BY CSFX

-

 

SILVER PRICE TECHNICAL ANALYSIS: WEEKLY CHART

SILVER WEEKLY SCENARIO
  • In the weekly charts, Silver is trading in an upward channel.
  • Silver is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
  • Silver will follow an uptrend in the coming weeks.
CLICK HERE FOR FULL REPORT

Comments

Post a Comment

Popular posts from this blog

TECHNICAL ANALYSIS REPORT ON FOREX, STOCKS, COMMODITY – 23 JUNE 2022

-
Image
  investors digested Fed Chair Powell’s comments ON INFLATION Asia-Pacific stocks were mostly down on Thursday morning. The Shanghai Composite is up 1.52% at 3,316.55. Overall, the Singapore MSCI is up 0.67% at 283.95. Over in Hong Kong, the Hang Seng Index is up 1.52% at 21,299. In Japan, the Nikkei 225 is up 0.08% at 26,120.00, while the Topix index is down 0.05% at 1849.00. South Korea’s Kospi is down 1.22% at 2,314.32. Australia S&P/ASX 200 up 0.31% at 6528.40. Top News of the Day: Wall Street’s main indexes ended with slim losses on Wednesday after choppy trading as energy shares weighed and investors digested Federal Reserve Chair Jerome Powell’s comments on the central bank’s aim to bring down inflation. After opening lower, major U.S. indexes had erased losses following Powell’s testimony before a Senate committee, but then they faded into the close. Market Summary as per 22/06/2022: European equities Wednesday closing. The DAX futures contract in Germany traded down 1....
Read more

EURCHF TECHNICAL ANALYSIS, FORECAST AND TRADE SIGNALS

-
Image
  EURCHF TECHNICAL ANALYSIS: WEEKLY CHART In the weekly charts, EURCHF is trading in an upward channel. It is trading above MA (20) but below MA (50) and MA (100). RSI is in buying zone which indicates bullishness. MACD is currently trading below zero which indicates bearishness. The immediate support is at 1.02268 and the resistance level is at 1.05095 EURCHF is trading in an upward channel until there is a trend reversal. EURCHF TECHNICAL ANALYSIS: DAILY CHART CLICK HERE FOR FUL L REPORT
Read more

S&P 200 TECHNICAL ANALYSIS AND TRADING IDEAS - S&P 200

-
Image
  S&P 200: NEWS & TECHNICAL  ANALYSIS Australia Stocks Higher At Close Of Trade; S&P/ASX 200 Up 0.21% Australia stocks were higher after the close on Thursday, as gains in the Energy, Financials and Resources sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.21%. The best performers of the session on the S&P/ASX 200 were Whitehaven Coal Ltd (ASX:WHC), which rose 4.60% or 0.39 points to trade at 8.87 at the close. Meanwhile, Woodside Energy Ltd (ASX:WDS) added 4.30% or 1.39 points to end at 33.73 and Worley Ltd (ASX:WOR) was up 3.68% or 0.51 points to 14.38 in late trade. The worst performers of the session were South32 Ltd (ASX:S32), which fell 7.18% or 0.31 points to trade at 4.01 at the close. Nuix Ltd (ASX:NXL) declined 6.36% or 0.05 points to end at 0.77 and Nanosonics Ltd (ASX:NAN) was down 5.99% or 0.24 points to 3.77. Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 709 to 628 and 398 ended unchanged. S...
Read more