EUR/USD 1.17000
-0.336%
Gold 4696.85
-0.387%
Oil 98.348
-0.369%
USD/JPY 157.837
0.145%
GBP/USD 1.35203
-0.142%
GBP/JPY 213.406
0.007%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Yue Yuen Group (00551.HK): Net profit for the first quarter of 2026 was US$35.2 million, a decrease of 53.6% year-on-year.Yue Yuen Group (00551.HK): Revenue for the first quarter of 2026 was US$1.985 billion, down 2.2% from US$2.03 billion in the same period last year.On May 13th, it was announced that the DeepSeek-V3-0324 (including dedicated concurrency), DeepSeek-V3.1-Terminus, and DeepSeek-R1-0528 (including dedicated concurrency) models on Tencent Clouds Intelligent Agent Development Platform will no longer be supported starting at 10:00 AM Beijing time on May 22, 2026. Simultaneously, we are providing new model versions that offer comparable or better performance and lower inference latency compared to the older versions.On May 13, the Legislative Council of the Hong Kong Special Administrative Region (HKSAR) passed the "Taxation (Amendment) (Tax Relief, Special Deductions and Exemptions) Bill 2026" to implement the tax relief measures proposed in the 2025 Policy Address and the 2026-27 Budget. The HKSAR Government welcomes this measure. The passed legislation will be gazetted on May 22. The one-off tax relief, increased exemptions and tax deductions will be reflected in the taxpayers final tax payable for the 2025/26 tax year and the tax payable for the 2026/27 tax year, respectively.Eurozone March industrial production month-on-month rate, first quarter GDP annual rate revised figure, and seasonally adjusted employment quarter-on-quarter rate preliminary figure will be released in ten minutes.

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