EUR/USD 1.17779
0.050%
Gold 5184.68
0.808%
Oil 66.085
0.091%
USD/JPY 155.752
-0.094%
GBP/USD 1.35021
0.102%
GBP/JPY 210.302
0.020%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On February 25th, according to Qichacha APP, Shanghai Pony.ai Technology Co., Ltd. was recently established with a registered capital of US$100 million. Its business scope includes integrated circuit manufacturing; integrated circuit chip and product manufacturing; artificial intelligence hardware sales; and retail of computer software, hardware, and auxiliary equipment. Qichachas equity penetration analysis shows that the company is wholly owned by Hong Kong Pony.ai Limited.A chart summarizing the overnight price movements of international spot platinum and palladium.On February 25th, HP (HPQ.N) stated that its full-year earnings may reach the lower end of its previously forecast range due to tariffs and rising memory chip prices. The stock fell approximately 7% in after-hours trading after closing at $18.20 in New York. Over the past 12 months, the stock has fallen by 48%. HP and other device manufacturers are facing the dual challenges of rising memory chip prices and supply shortages as consumers buy new computers to replace outdated devices and acquire new AI capabilities. The company stated that the memory issue will persist throughout the fiscal year and may extend into the next. HP said it is raising product prices, working to bring in more suppliers, and adjusting some products to reduce memory demand. The company said today that it has made progress in these areas, including completing the certification of new suppliers. HP announced the launch of a multi-year cost-cutting plan aimed at saving the company $1 billion annually by 2028.Japans corporate services price index rose 2.6% year-on-year in January, up from 2.60% in the previous month.Japans corporate services price index fell 0.5% month-on-month in January, compared with 0% in the previous month.

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