EUR/USD 1.16023
-0.243%
Gold 4465.40
-0.500%
Oil 93.205
1.678%
USD/JPY 159.902
-0.014%
GBP/USD 1.34350
-0.216%
GBP/JPY 214.833
-0.231%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
CrowdStrike (CRWD.O): Appointed Bartley Richardson as Chief Artificial Intelligence Officer. Richardson previously led the Agentic AI project at NVIDIA.Federal Reserve Governor Barr will participate in a dialogue at the 2026 Community Development Bankers Association Peer Forum in ten minutes.Navitas shares rose 15.4% in pre-market trading after the company announced a partnership with Nvidias MGX ecosystem to accelerate the construction of 800-volt DC AI infrastructure.June 3rd - Wall Street traders anticipate a strong jobs report on Friday. However, this may not be enough to reassure them, as war-induced oil price volatility is drawing more attention to inflation. While oil prices have continued to climb, the stock market appears unaffected, remaining remarkably stable. Beneath this surface, however, concerns are growing about the persistence of inflationary pressures and how the Federal Reserve will address the issue. Traders expect the Feds June interest rate decision to be the most important event for the S&P 500 in the coming month, preceded by the June CPI report. Data from Citigroup shows the options market expects the index to fluctuate by 0.6% on Friday, marking one of the quietest days for the jobs market in months.June 3rd - In May, U.S. businesses added the most jobs since January 2025, suggesting the labor market may be accelerating despite rising energy costs due to the Iran war. ADP data supports the view that after months of uneven hiring, the labor market may be gradually improving, with job openings increasing while layoffs remain low. If this trend is confirmed in official government data, it could lead to speculation that the Federal Reserve is more likely to raise interest rates than cut them in the coming months.

Predictions for the Silver Market: A Turbulent Time Ahead

Alina Haynes

Jul 22, 2022 14:58

 截屏2022-07-22 下午2.38.00.png

 

Silver fell during Thursday's trading session, but it recovered after the European Central Bank raised interest rates, which placed downward pressure on the US dollar. I believe it is only a matter of time until sellers re-enter the market and force this commodity lower since this is a market that continues to witness a lot of noisy activity. However, there are many grounds to believe that silver's value will decline below that of the dollar.

 

Silver's demand is expected to remain weak due to low consumer demand. At this point, I believe it is best to "fade the rise," since it will likely be just a matter of time until sellers re-enter the market. We're probably going to break up soon, and the $20 level above should provide a lot of resistance on the way up.

 

The risk of loss in trading Derivatives is substantial, therefore you should only risk money you can afford to lose. Please make sure you fully understand the risks associated with trading Derivatives, and seek independent advice if required. Our Product Disclosure Statement (PDS) is available here on our site or upon request from our offices and should be reviewed prior to any transaction. Raw Spread accounts start with 0 pip spreads and a fee of $3.50 every 100,000 USD transacted. No extra fees or commissions are associated with the standard account's spreads starting at 1 pips. Indicator CFD spreads begin at 0.4 points. No part of this site may be accessed by users located in any nation or other jurisdiction where doing so would be a violation of local law or regulation.

 

It's conceivable that sellers will enter the market even if we break over the $20 level, and then the 50 Day EMA will come into play. The 50-day moving average (MA) is currently at $20.73, and it's falling. In the end, I believe that many individuals will rush into this market as soon as it shows indications of tiredness. If the price drops below the hammer's base, it would be reasonable to assume that the $15 support level will be quickly breached.


Suggestion