CSFX Market News | Global Market Update

  Precious metals have once again become a popular safe haven investment due to the pandemic-induced global economic downturn. When investors tried to protect their holdings in uncertain times, gold and silver prices rose dramatically last year, even as early as mid-March. However, these two precious metals are not comparable. Which of the two should you buy if you’re trying to trade in gold or silver as an investment, and what are the real differences between the two? Affordability Due to the worldwide economic slowdown brought on by the pandemic, precious metals have once again gained popularity as a safe haven investment. Last year, gold and silver prices increased sharply, even as early as mid-March, as investors sought to preserve their holdings during uncertain times. These two valuable metals, however, cannot be compared. If you’re looking to trade in gold or silver as an investment, which of the two should you buy and what are the actual distinctions between the two? Stor...

  On 08th March 2022, Chicago wheat futures soared to a record high of $13.634 a bushel, surpassing the high formed during the 2008 food crisis. The price of wheat had risen around 65% since the invasion of Ukraine by Russia on intensifying concern of supply disruptions. It has since then dropped about 24% as other circumstances arose. This fluctuation in wheat prices gives tremendous opportunities to traders and investors. Before making the most of this opportunity, we must first understand the basic but essential fundamental factors that influence wheat prices, enabling us to make informed trading and investing decisions. Brief Historical Background: ​ For generations, wheat has been one of the most critical food crops cultivated worldwide. There is evidence of wheat production beginning around 10,000 BCE and the Egyptians producing and baking bread over 5,000 years ago. Wheat today is the second most-consumed grain globally, trailing behind rice. In the farming community, wheat ...

  SILVER PRICE TECHNICAL ANALYSIS: WEEKLY CHART 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. The  Silver crucial support level is at 25.557 which is near 20 days SMA as of now. There are no signs of a bearish trend. CLICK HERE FOR FULL REPORT 

  SILVER PRICE TECHNICAL ANALYSIS: WEEKLY CHART 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