Silver price loses momentum – Analysis - 13-09-2018
Economies.com
2018-09-13 03:53AM UTC
Silver price’s rise stopped at the EMA50, and begins to provide bearish rebound now, supported by stochastic current negativity, waiting for negative trades in the upcoming sessions, depending on the organized trading inside the bearish channel that appears on the chart.
Therefore, we will keep our bearish overview in the upcoming period conditioned by the price stability below 14.40, noting that our next main target is located at 13.40.
Expected trading range for today is between 13.90 support and 14.40 resistance.
Expected trend for today: Bearish
Commodities News
Commodities
Gold logs in first weekly loss in five weeks
2024-04-26 18:34PM UTC
Gold prices rose on Friday, shrugging off a surge by the dollar index following upbeat data, ...
Commodities
Palladium tumbles below $1000 an ounce once again
2024-04-26 15:34PM UTC
Palladium prices fell on Friday as the dollar rose against most major rivals, with the industrial ...
Commodities
Oil prices park at week high as US inventories drop
2024-04-26 13:14PM UTC
Oil prices rose in European trade on Friday, extending gains for the second straight session, with ...
Commodities Technical Analysis
Commodities
Brent oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Brent Oil Price Analysis Expected Scenario Brent oil price shows additional positive ...
Commodities
Crude oil price forecast update 26-04-2024
2024-04-26 11:01AM UTC
Crude Oil Price Analysis Expected Scenario Crude oil price keeps its stability above ...
Commodities
Silver price forecast update 26-04-2024
2024-04-26 11:00AM UTC
Silver Price Analysis Expected Scenario Silver price provides slight positive trades to ...