Overview Silver price managed to surpass the $17.00 barrier and settle above it, where it faces the resistance of the correctional bearish channel that appears on the chart. The metal is likely to breach this resistance to confirm the continuation of the rise in the short term. Its next target is seen at $17.43. In […]
Overview The silver price continues to move within a tight range around 16.80. Stochastic has been getting rid of its negativity gradually approaching the oversold areas. This forms a positive factor that we are waiting to make the price resume the bullish trend in the upcoming period, which next main target is located at 17.43. […]
Overview Silver price retested the 16.56 level and bounced bullishly from there, to resume its bullish track inside the minor bullish channel which is displayed on the chart. We are waiting a further rise of the metal to visit 17.43 as a next main station. Therefore, the bullish trend will remain strong supported by the […]
Overview Silver price rallied and surpassed the 16.56 level which supports our bullish outlook in the upcoming period. The way is open towards the 17.43 level that represents the next main target. Besides, the key resistance lies at 17.15. The price needs to breach this level to confirm bullish trend. Therefore, we still expect continuation […]
Overview Silver price managed to breach 16.56 level and settles above it now, reinforcing our expectations for the continuation of the rise in the upcoming sessions, opening the way toward our next target at 17.43. Stochastic heads to the upside to support the chances of the bullish bias continuation for today, therefore, we will keep […]
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Overview Silver price continues to fluctuate around $16.56. Please note that stochastic gets rid of its negativity to reach the thresholds of the oversold areas. This dynamic confrms the bullish scenario, so we expect the price to continue rising in the short term. Let me remind you that our next main target is located at […]
Overview Silver price managed to touch our first main target at $16.56. Please be aware that the metal is still trading upward and could start the process of breaching this level. This supports our scenario of a bullish trend in the short term, paving the way towards $17.43 as the next main station. The EMA50 […]
Overview Silver price resumes its bullish attempts to move to $16.56. Meanwhile, the metal aims to surpass this barrier, this will reinforce our expectations of extending the bullish wave towards $17.43. The price receives support from the EMA50, that reinforces the bullish scenario. Therefore, we still expect the bullish trend in the short term, unless […]
Technical outlook and chart setups: Silver looks to have finally bottomed out at $15.60 level, before turning higher. The metal is seen to be trading at $15.90 level at this moment after having pushed higher through $16.10 level during early trade today, and should be looking to resume higher from here. Ideally, the metal should […]
Technical outlook and chart setups: Silver looks to have finally bottomed out at $15.60 level, before turning higher. The metal is seen to be trading at $15.90 level at this moment and seems to have found support at $15.80 level, which is fibonacci 0.618 level of the entire rally as depicted here. Ideally, the metal […]
Overview The silver price opened today’s trading with more bullish bias breaching and settling above 16.15 levels. The price received positive momentum that supports our expectations of continuing the bullish trend on the intraday and short-term basis, which next target is at 16.56. A breach of this level will push the price to 17.43 as […]
Overview The silver price has started trying to breach the key resistance at 16.15 now, which supports the expected bullish trend continuation in the upcoming period. The price is likely to visit 16.56 levels and the breach of it will lead the price to 17.43 levels. In general, we will still expect bullish bias unless […]
Overview The silver price approached 16.15 levels yesterday, but did not breach it. The EMA50 forms negative pressure that the price needs to get rid of to be able to continue its bullish track on the intraday and short-term basis. We are still waiting a breach of the mentioned level to confirm the continuation of […]
Overview Silver price shows sideways trading within the sideways track that appears on chart, noticing that stochastic provides clear positive signals on the four hours’ time frame, which forms positive motive that we are waiting to assist to push the price to breach 16.15 in the upcoming sessions, which will lead the price to touch […]
Global macro overview for 27/12/2016: National Consumer Price Index (CPI) is the key gauge for inflation in Japan and the newest CPI data, together with household spending, were released overnight. Japanese Household Spending and Tokyo Core CPI both missed their estimates as consumer data was soft. Household Spending declined 1.5%, marking a ninth straight decline, […]
Overview The silver price is fluctuating near 16.00 levels. We took a deeper look on the chart and found out that the price is forming a bullish pattern explained in the minor image. Its confirmation line is located at 16.15, which means that given the breach of this level, the pattern will have a positive […]
Overview The silver price resumes downward movements trading below 16.00, which supports the bearish scenario for the rest of the day. The price is likely to test 15.49 levels initially; a break of this level will extend the silver price losses to 13.75 as the next main station. In general, holding below 16.56 levels keeps […]
Technical outlook and chart setups: Silver has dropped to yet another low at $15.77 levels before pulling back again. Please note that the metal is trading around $15.85 levels for now and might have completed a test of recent lows discussed yesterday. The metal should remain poised to break higher from here anytime and take […]
Overview The silver price has settled around $16.00 levels after the latest decline that pushed the price to break $16.56 levels. As long as the price is below this level, the bearish trend scenario will remain active for the upcoming period and the price will test $15.49 levels as the next main station. Therefore, we […]
Technical outlook and chart setups: Silver had dropped to yet another low at $15.85 levels on Thursday before bouncing higher. Please note that the metal is trading around $16.00/05 levels for now and it might be looking to test recent swing lows before turning higher again. The recent rally from $15.85 to $16.27 levels looks […]
Overview Silver price suffered sharp losses yesterday after breaking 16.56 level, which puts the price under negative pressure. So we expect silver to continue trading towards 15.49 level as a next main station. Please note that the EMA50 is forming negative pressure against the intraday trading. Therefore, the bearish bias is expected in the upcoming […]
Overview The silver price traded downwards yesterday coming close to testing the key support 16.56. Stochastic is reaching the oversold areas’ thresholds, which forms a positive factor that we are waiting to help the price rebound bullishly in the upcoming sessions to 17.43 levels as the next main station. In general, the bullish trend will […]
Overview The silver price traded upwards after leaning on the EMA50 yesterday and headed towards our first main awaited target at 17.43. As long as the price is above 16.56, our bullish overview will remain valid and active for the upcoming period. The price is likely to breach the targeted level to move to 18.30 […]
Overview The silver price shows some slight bearish bias after attempting to breach 17.00 levels yesterday and approaches from testing the EMA50 that forms intraday support base now. Stochastic is entering the oversold areas, which forms a positive factor that we were waiting to push the price to rebound bullishly and resume rising in the […]
Treasury Metals develops in Canada the Goliath Gold project in to production with start 2019, Greg Ferron, Treasury Metals Inc. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#198024 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 […]
MAG Silver and Altona Mining had great discoveries in their respective properties in Mexico and Australia. Both delivered great drill results and sample results as well as new discoveries which may lead in the future to a much higher mine life for their future producing mine assets, Jochen Staiger, CEO & Founder, Swiss Resource Capital […]
Overview Silver price is trading with a slight bullish bias now. Price could resume the bullish trend for today as stochastics indicates the bullish momentum. The metal is expected to breach the 16.85 level to ease the mission of heading for 17.43 which represents the first main target. Therefore, the bullish scenario is valid for […]
Technical outlook and chart setups: Silver found support at $16.20/50 levels on November 23, 2016 and has held those lows since then. The metal is seen to be trading at $16.65/70 levels for now, looking to push higher towards $17.20 and higher levels. Please note that Silver has bounced off the vicinity of fibonacci 0.618 […]
Overview Silver price shows a bullish bias in an effort to breach the neckline of the double bottom pattern mentioned yesterday at 16.85. This price action is supported by stochastic positivity that appears clearly in the four-hour time frame. In case the above-mentioned level is breached, this supports our expectations of a further bullish trend […]
