See also
Technical analysis:
Silver has been trading sideways at the price of $19.38 but I see potential for the downside movement in case of the downside breakout.
Trading recommendation:
Watch for potential downside breakout of the support at 19.20 to confirm further downside movement.
Downside objectives are set at the price of $18.77 and $18.55
Key resistance is set at the price of $19.64
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
On the 4-hour chart of the Crude Oil commodity instrument, the Inverted Head & Shoulders pattern and Bullish Pattern 123 and Divergence between the #CL price movement and the Stochastic
With the appearance of Divergence from the Stochastic Oscillator indicator with the XPD/USD price movement on its 4-hour chart and the appearance of a Bullish 123 pattern followed
During the European session, the euro reached a new high around +2/8 Murray, located at 1.1473. This movement in EUR/USD occurred after the announcement by China's Ministry of Finance that
Early in the American session, gold is undergoing a strong technical correction after reaching a new high around 3,237.69 for now. Economic data from the United States will be released
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
Forex Chart
Web-version
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.