Daily analysis of silver for October 21, 2016
October 21, 2016 1:42 pmVideo
Latest News
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- USD/JPY: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- GBP/USD: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- Trading Signals for GBP/USD for April 16-18, 2024: buy above 1.2405 or 1.2450 (21 SMA – 0/8 Murray) April 16, 2024
- EUR/USD: Simple trading tips for novice traders on April 16th (US session) April 16, 2024
- AUD/USD: Australian dollar remains under pressure April 16, 2024
- GBP/USD: trading plan for the US session on April 16th (analysis of morning deals). The pound was quickly bought back around April 16, 2024
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- EUR/USD. April 16th. Bears continue to advance against the backdrop of strong US statistics April 16, 2024
- Euro, sterling extend weakness April 16, 2024
Overview
Silver price shows positive attempts to move above 17.43 level again, which supports continuation of the bullish trend scenario for today efficiently. Reinforced by stochastic positivity, the price waits to breach the 17.80 level to ease the mission of heading towards our positive targets begining at 18.30 and extending to 19.38. Let us remind that holding above 17.43 level represents the most important condition to achieve the suggested targets. The expected trading range for today is between 17.20 support and 17.80 resistance.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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