Archives

Why we still like gold? 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/#192996 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 TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez la Dukascopy TV […]

Technical outlook and chart setups: Silver broke above the consolidation structure last week and has staged a rally towards $20.10 levels so far. The metal has corrected slightly and is seen to be trading around $19.90 levels at this moment. Please note that the trend line resistance is passing through $20.20/30 levels now and should […]

Overview Silver price managed to confirm activation of the falling wedge resistance that appears on the chart after breaching its resistance level that now turns into support at 19.38. Such develoments support the continuation of our bullish trend expectations for the upcoming period, opening the way towards the previously recorded top at 21.12 as a […]

Thoughts about oil, gas, natural gas and energy. Time to buy? 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/#192037 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 TV in Ihrer […]

Overview The silver price managed to hit our first main target at 19.38 and settle around it, accompanied by clear overbought signals generated by stochastic. This might lead to some temporary sideways fluctuations before resuming the bullish bias again. In general, we will still expect the bullish trend in the upcoming period unless breaking and […]

Technical outlook and chart setups: Silver was trading within a triangle consolidation structure after having formed intermediary lows at $18.38 level earlier. The metal has broken above the consolidation as depicted on 1H chart view here and is seen to be trading at $18.90 level for now. Looking at the wave structure, there is no […]

Overview The silver price shows more sideways trading being stuck between the key levels of the 18.30 support and the 18.80 resistance. The price needs to breach one these levels to detect its next destination clearly, especially given that there is a contradiction between stochastic positivity and the EMA50 negativity. Therefore, our neutrality will remain […]

Silver shines bright – physical cornering ahead? 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/#192466 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 TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez la […]

Technical outlook and chart setups: Silver seems to have formed intermediary lows at $18.40 level yesterday and is seen to be trading at $18.75 level at this moment, after having touched almost $19.00 level today. Looking at the wave structure, there is no change and the metal still looks constructive for bulls to stage a […]

Technical outlook and chart setups: Silver seems to have formed intermediary lows at $18.40 level today (during early hours) and is seen to be trading at $18.45 level at this moment. Looking at the wave structure, there is no change and the metal still looks constructive for bulls to stage a rally from here. Please […]

Technical outlook and chart setups: Silver seems to have formed intermediary lows at $18.47 levels yesterday and is seen to be trading at $18.65 levels at this moment. Looking at the wave structure, there is no change and the metal still looks constructive for bulls to stage a rally from here. Please note that the […]

Technical outlook and chart setups: Silver has dropped lower today to fresh lows at $18.47 levels as discussed yesterday and is seen to be trading at $18.55/57 levels at this moment. The metal still looks constructive for bulls to stage a rally from here. Please note that the metal has now terminated a regular flat […]

Technical outlook and chart setups: Silver is seen to be trading around $18.93 levels at this moment, after forming lows at $18.70 levels earlier this week. Please note that the metal has produced a regular flat as wave 4 consolidation. It might push lower below $18.70 levels one last time before turning bullish again. Furthermore, […]

Silver Spot On Monday 22nd Aug, a rebound of the dollar weighed on silver, resulted from the hawkish comments made by Fed Vice Chairman Fischer. Silver spot opened low and broke the down trend channel, plunged to the intra-day low of 18.70, from the low of 19.761 on 19th Aug, a 5.4% fall. It has […]

Overview The silver price opened today’s trading with a bearish gap that made the price break and settle below 19.38 levels it. This pushes the price to target the 38.2% Fibonacci level for the rise from 13.75 to 21.12. This level forms a key support at 18.30 and the price is likely to touch this […]

Technical outlook and chart setups: Silver is seen to be trading around $18.91 level at this moment, after forming lows at $18.70 level today. Please note that the metal pushed lower beyond our expectation and also nullifies a triangle consolidation structure. The wave structure now reveals that Silver has completed a corrective regular flat a-b-c […]

General overview for 22/08/2016: Bulls have managed to move the price up to the golden trend line resistance around the level of 1.2930, which is in line with 38%Fibo retrenchment of the previous swing down. This is why the price is now at the key level. According to the count, the market should now break […]

General overview for 22/08/2016: The horizontal corrective cycle is still in progress, but there is a possibility that the bottom for the wave ii has been established at the level of 112.40. The wave progression looks choppy and full of whipsaws and the most important resistance at the level of 114.02 still hasn’t been violated […]

USD/CAD is testing short-term resistance at 1.2920 where we find the 38% Fibonacci retracement of the last decline from 1.32. A rejection here will open the way for a new low towards 1.26. Blue lines – long-term triangle USDCAD is back testing the broken long-term triangle pattern and the Kumo (cloud) resistance. Price is now […]

Price is right at major resistance of 114.00 again (overlap resistance, channel resistance, Fibonacci retracement) is our selling area for a further drop to 111.00 support (long-term Fibonacci retracement, key swing low support). RSI (21) is very close to the 65% resistance where we expect a reaction from. Sell below 114.00. Stop loss is at […]

Price recounded perfectly as expected on Friday. We are almost at our profit target. We look to sell once price reaches our 0.9650 resistance level (graphical overlap resistance, Fibonacci retracement) for a drop to 0.9530. Stochastics (21,5,3) is also seeing strong resistance at 92%, which we expect it to react from. Our strategy would be […]

Despite the expectations of a rate hike by the Fed in December of 2016, silver has remained close to its highs (as shown in the chart below).  After a stellar run, the white metal is consolidating near its highs, while anticipating its next imminent breakout. Along with investing in the white metal directly, investors should […]

Technical outlook and chart setups: Silver is seen to be trading at $19.63 levels at this moment, looking to continue pushing higher towards $20.50/80 levels at least. The wave structure reveals that Silver has been consolidating in an expended triangle structure, as seen on chart view here. Furthermore, please also note that the metal looks […]

Technical outlook and chart setups: Silver is seen to be trading at $19.95/20.00 levels for now, after having tested $19.80 levels yesterday. The metal also looks to be consolidating (triangle) and seems to be in its last leg drop as shown here. If the above wave count holds true and silver breaks above the resistance […]

Overview The silver price managed to breach the EMA50 and closed the last four-hour candlestick above it, thus getting positive motive that reinforces the continuation of the bullish trend scenario for today, and opening the way to 21.12 levels initially. Therefore, our positive overview will remain valid for the upcoming period as long as the […]

Technical outlook and chart setups: Silver hit fresh lows at $19.50 levels last Friday as expected. The metal is trading at $19.60 at the moment and looks to be setting up for a retracement/counter trend rally towards $20.40/50 levels before reversing again. Besides, the metal is likely to consolidate (triangle) and seems to be in […]

EUR/USD: This pair only moved sideways on Monday, and there is nothing significant so far. Only a movement above the resistance line at 1.1300 would lead to a “buy” signal, otherwise, this pair would remain bearish. USD/CHF: There is a bullish signal on the USD/CHF – as shown by the current Bullish Confirmation Pattern in […]

Overview The silver price has been hovering around 19.65 levels since morning, while stochastic provides a positive overlapping signal on the four-hour time frame, so the price is likely to resume the main bullish trend after the last decline that pushed the price to approach from the 23.6% Fibonacci level at 19.38. Therefore, we expect […]

Overview The silver price broke 20.05 levels and settled below it now, which puts the price under potential negative pressure during the current session. The target is testing the key support 19.38 before turning back to resume the main bullish trend. Note that the overall trend is still bullish as long as the 19.38 level […]

Technical outlook and chart setups: Silver has hit fresh lows at $20.00/05 levels as expected and discussed earlier. The metal is trading at $20.15 level at this moment and looks to be setting up for a retracement/counter trend towards $20.40 level before reversing. If the above wave count holds true and Silver fails to break […]