Daily analysis of Silver for October 13, 2016
October 13, 2016 3:07 pmVideo
Latest News
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- Analysis of GBP/USD on April 25th. The dollar suffered a local defeat to win the war April 25, 2024
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- GBP/USD: trading plan for the US session on April 25th (analysis of morning deals). The pound continued its recovery April 25, 2024
- EUR/USD: trading plan for the US session on April 25th (analysis of morning deals). The dollar is ready for GDP data April 25, 2024
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- GBP/USD. April 25th. Bulls take advantage of weak US statistics April 25, 2024
Overview
The silver price has been trading sideways since morning, holding above the key support base located at $17.43. This keeps our bullish overview valid until now. Note that a breach of $17.80 levels will help the price head towards our main targets that begin at $18.30 and extend to $19.38. Therefore, we will keep our bullish overview that targets $18.30 followed by $19.38 levels mainly. Stochastic heads upwards to support the suggested rise. The expected trading range for today is between the $17.30 support and $18.00 resistance.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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