Technical outlook and chart setups: Silver has broken below the consolidation structure around $18.60 levels and is still expected to continue decline to $16.00 level at least. The wave structure also indicates that the metal is in its C wave correction within the 3 wave A-B-C drop that began from $21.10 levels earlier. Please note […]
Further advance is expected in USD/JPY. The pair is showing strong upward momentum, and is likely to challenge its resistance at 103.15. Meanwhile, the rising 50-period moving average acts as a support, and should continue pushing the prices higher. Besides, a key support base at 102.00 has been formed, and the downside potential should be […]
USD/CHF is expected to trade with a bullish bias above 0.9750. Despite the recent consolidation, the pair is still in an uptrend. Meanwhile, a support base at 0.9750 has been formed, and the downside room should be limited by this level. Meanwhile, the 50-period moving average is heading upward, and maintains the bullish bias. Additionally, […]
NZD/USD is likely to extend a downside movement. The pair is showing strong downward momentum after the bearish breakout of a rising trend line since September 30. In addition, the process of lower highs and lower lows remains intact, which should confirm a negative outlook. Besides, the descending 50-period moving average is playing a resistance […]
GBP/JPY is expected to continue its rebound. The pair recorded a succession of higher tops and higher bottoms, which confirms a positive view. The rising 20-period and 50-period moving averages are playing support roles and should push the prices higher. A support base at 130.30 has been formed and should limit the downside potential. In […]
Technical outlook and chart setups: Silver rallied through $19.60/70 levels last week as expected and discussed and reversed sharply from there as seen on the 4H chart view. The metal has dropped to fresh lows at $18.70 levels and is seen to be trading at $18.86 levels for now. The wave structure also indicates that […]
Technical updates and chart setups: Silver had rallied through $19.60/70 levels last week as expected and discussed and has reversed sharply from there as seen on the 4H chart view. The metal is seen to be trading at $19.13 levels for now and it is just a matter of time before it reverses lower towards […]
Technical outlook and chart setups: Silver seems to have formed interim lows at $18.90 levels yesterday before pulling back higher. The metal is seen to be trading at $19.22 levels at the moment and is looking to push further towards $19.60/70 levels as depicted on the chart view presented here. Please note that the metal […]
Overview The silver price broke the $19.38 level and settled below it testing the bullish trend line located at $18.95. As we mentioned in our recent reports, the achieved break will lead the price to test the 38.2% Fibonacci level at $18.30 before turning back to rise. Therefore, the bearish bias is temporarily expected in […]
Technical outlook and chart setups: Silver has further dropped towards fresh lows at $19.00 levels before pulling back slight higher. The metal is seen to be trading at $19.07 levels at this moment and it should be looking to produce a counter trend rally any time now. Please note that the trend line support will […]
Overview The silver price holds its positions above 19.38 levels, thus keeping the chances of the main bullish trend resumption high. It is also supported by the EMA50 and stochastic; the price is likely to trade positively in the upcoming sessions to target 21.12 levels mainly. We remind you that a breach of 20.00 levels […]
Technical outlook and chart setups: Silver has dropped lower as expected after reversing from $20.05 levels last week. The metal is seen to be trading at $19.41 levels for now, looking to continue dropping lower, provided the price stays below $20.05/10 levels. Please note that a pullback rally towards $19.80 levels remains probable before the […]
Overview The silver price gradually crawls downwards approaching the support base formed above $19.38 after breaching it earlier, which is met by the EMA50 that adds more strength to it. Stochastic reaches the oversold areas. Therefore, these factors favor the bullish trend scenario in the upcoming sessions. The next main target is located at $21.12. […]
Technical outlook and chart setups: Silver managed to reverse from $20.05 levels as expected and has hit fresh interim lows at $19.60 levels. The metal is seen to be trading at $19.68 levels for now, looking to continue dropping lower provided prices should stay below $20.05/10 levels. The wave structure still indicates that the recent […]
Technical outlook and chart setups: Silver had rallied through $20.05 level yesterday, beyond our expectations before pulling back. The metal is seen to be trading at $19.80 level after for now, and should be looking lower if $20.05 level holds well. Please note that the metal is stalling at fibonacci 0.786 resistance of the drop […]
Technical outlook and chart setups: Silver has rallied swiftly through $19.90 level yesterday as expected and discussed. The metal is seen to be trading at $19.78 level after printing highs at $19.87 level early hours today. Please note that the metal is stalling at fibonacci 0.786 resistance of the drop between $20.10 and $18.65 respectively. […]
Technical outlook and chart setups: Silver has swung both sides today hitting highs at $19.31 and lows at $19.00 level respectively. The metal is seen to be trading at $19.17 and it should be looking to rally towards $19.70 level at least from here. The wave structure indicates that the metal has produced an impulse […]
Overview Silver price approached the key resistance level at 19.38 yesterday after it managed to breach the EMA50 and hold above it, forming good support base. It supports the chances of breaching the mentioned level followed by prospects of a further rise in the short term. Therefore, we are waiting for an upward in the […]
Lithium is the future energy storage metal for batteries used like in Tesla cars. After Dieselgate will Volkswagen invest up to USD 5bn in Electric vehicle developments and battery technology. The Lithium price doubled in the last 12 month and can go higher, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view […]
Food prices and why the cooler sun might lead to a mini ice age, Udo Sutterluety, Sunares Natural Resources Funds. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#192564 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy […]
Overview The silver price showed negative attempts last Friday, but it has begun today’s trading with clear positivity in attempt to regain the bullish track again. It faces the EMA50 that forms key resistance now at 19.05. The price is likely to breach this barrier to test the most important resistance at 19.38, a break […]
USD/JPY is expected to trade with bearish bias as key resistance stands at 102.45. The pair remains under pressure after a failed attempt to break above its key resistance at 102.45 (Sept. 18 top), and the upside potential should be limited by this threshold. Additionally, the relative strength index lacks upward momentum. The benchmark 10-year […]
USD/CHF is expected to trade with bullish bias and upside movements are expected to prevail. The pair stands firmly above its horizontal support at 0.9755, and is holding on the upside. The upward momentum is further reinforced by its rising 50-period moving average, which maintains a bullish bias. Besides, the relative strength index is above […]
NZD/USD is expected to trade in a higher range as the bias remains bullish. The pair broke below its 20-period moving average but is still holding above its rising 50-period one, which is playing a support role and maintains the upside bias. A support base has formed around 0.7275, which should limit the downside potential. […]
Technical outlook and chart setups: Silver had broken off the triangle consolidation on Friday last, dropped towards the last leg lower at $18.65 levels, before pulling back sharply. The metal is seen to be trading at $19.09 levels, looking to push towards $19.30 levels at least before producing a meaningful retracement lower. The wave structure […]
On the daily chart, spot gold has formed a consolidation pattern from the previous uptrend channel. The bullish momentum has been receding. It is trading above where the two significant support lines converge, the level at 1310, and the uptrend line support. If it is confirmed broken, then it will target the major support level […]
Technical outlook and chart setups: Silver is drifting sideways into cone consolidation structure as depicted on the 4H chart view here. The metal is seen to be trading at $18.94 levels at this moment, looking to break above the consolidation resistance line. Please note that Silver had bounced off the fibonacci 0.786 support of the […]
Technical outlook and chart setups: Silver has corrected lower towards the fibonacci 0.786 support of the entire rally between $18.30/40 and $20.20 levels as depicted here. The metal is seen to be trading at $19.17 level at this moment, looking to correct lower towards $18.80/90 levels before resuming rally. Please also note that the metal […]
Overview The silver price broke 19.38 strongly and settled below it, opening the way for further correctional bearish pressure on an intraday basis. The next main station is a test of 18.30 levels. It is important to monitor the price behavior when reaching this level as a break of it represents the key for the […]
Overview Silver price begins today’s trading with a slight bullish bias. It signals the attempt to resume the bullish trend on the intraday and short-term basis to keep the positive effect of the falling wedge pattern valid in the upcoming period. It is supported by the EMA50 and stochastic positivity that appears clearly on the […]
