EUR/USD 1.13950
0.264%
Gold 3327.28
-0.467%
Oil 63.676
2.828%
USD/JPY 142.172
-0.190%
GBP/USD 1.32891
0.173%
GBP/JPY 188.866
0.012%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On April 20, the director of the Spanish Geopolitical Institute, Aguilar, shared his views on the political line pursued by the current Moldovan leadership, calling it an "alienation plan." Aguilar believes that Moldova plans to achieve the ultimate goal of merging with Romania by conquering the territories inhabited by "pro-Russians in the Wests mouth."Ukrainian President Zelensky: The Ukrainian army reported 59 incidents of Russian shelling and five attacks on the front lines on Easter morning.On April 20, Ukrainian President Zelensky said that as of the morning of Easter, the Russian army was only trying to create an illusion of a ceasefire. The Russian army was trying to advance alone in some places and causing losses to Ukraine. Ukraines proposal to extend the ceasefire for 30 days after Easter remains valid.Japanese Prime Minister Shigeru Ishiba said on Sunday that Japan will emphasize "fairness" in any discussion with the United States on exchange rates. Some analysts say Japan can use its holdings of more than $1 trillion in U.S. Treasuries as trade leverage, but Katsunobu Kato ruled out using them as a bargaining chip this month. When asked whether Japan would mention its holdings of U.S. Treasuries in the negotiations, Ishiba said: "This is a matter based on mutual trust, global economic stability and the stability of the economies of both countries."On April 20, according to a report by Business Insider on April 19 local time, dozens of economists, including two Nobel Prize winners, signed an "Anti-Tariff Declaration" criticizing US President Trumps tariff policy, calling it "misguided" and warning that it could lead to a "self-inflicted recession." In this "Anti-Tariff Declaration," the author warned that it is urgent to cancel the Trump administrations "incoherent and destructive policies" on trade. As of the evening of April 19, Eastern Time, 956 people have signed this "Anti-Tariff Declaration."

Silver Price Prediction - Silver Pulls Back Once More

Alina Haynes

Aug 16, 2022 11:29

 截屏2022-07-29 上午11.05.40.png

 

Silver markets have retreated somewhat during Monday's trading session as the 50-day exponential moving average (EMA) continues to act as a bit of a price magnet, and of course, we are sitting in a region that has a large amount of market memory. The candlestick is obviously pretty ugly, and a break below the $20 level on a daily close might spark a significant amount of selling. Moreover, if interest rates continue to exhibit signs of growth, this could exert additional downward pressure on silver.

 

China's apparent slowdown and the fact that silver is an industrial metal only serve to exacerbate the situation. In other words, the question will be whether there will be sufficient demand for silver to maintain high prices. Currently, the $21 level appears to be a strong resistance barrier that will be tough to overcome; if we could, the market may reach the $22 level.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads beginning at 0 pips and commissions of $3.50 every 100k traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

As of late, the market has been exceedingly raucous, having soared to the sky. At this time, the concern is whether or not we have the potential to fall hard enough to fill the gap below, which is at the $19.00 mark. In this circumstance, a major decline is just waiting to occur. Pay particular attention to the US dollar, as it will have a significant impact on what occurs next, since a strengthening US currency normally has a negative effect on the silver market.

Suggestion