EUR/USD 1.08130
0.154%
Gold 1951.86
-0.221%
Oil 73.206
0.476%
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-0.036%
GBP/JPY 160.984
-0.390%
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Market Forecasts

Follow our market forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently. ​Follow our weekly forecast for forex and gold and find expert predictions, analysis and currency forecast tools to help you trade more consistently.

Silver Price Analysis: Bullish bias imperiled as $23.00 support is probed by XAG/USD bears

The price of silver remains under pressure for a second consecutive day, reaching an intraday low recently. An eight-day-old bullish channel and 100-HMA pose a challenge to XAG/USD skeptics despite a stable RSI. The 200-day simple moving average adds to the downside constraints; the key is two-week-old horizontal support.

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