Technical analysis of Silver Today's technical analysis chooses silver, and the price of silver will go down. The trendline that helped propel its price down looks very strong. The market price of the trend line is very impressive. At this point,...
The provided chart showcases the price action of silver over a defined time frame, using hourly candlesticks. Several technical indicators are overlaid on the chart, including Bollinger Bands, Standard Deviation, and Average True Range (ATR),...
Silent Points about XAUUSD: Currently, the XAUUSD market is closed near the 2690 level, which acts as a resistance level. The price struggles to move higher without a strong catalyst at such levels. A breakthrough at 2692 or 2695 could signal upward...
General Points about EURUSD: We noticed that the EURUSD news events related to the German Estimate CPI and Flash CPI did not benefit the EURUSD buyers. Economic indicators play a vital role in gauging inflation trends in the Eurozone, and their...
GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US showed that Nonfarm Payrolls rose by 256,000 in December, fuelling a US Dollar rally and weighing on the pair The Relative...
