EUR/USD 1.16209
-0.410%
Gold 4545.67
-2.292%
Oil 100.978
3.282%
USD/JPY 158.766
0.243%
GBP/USD 1.33180
-0.615%
GBP/JPY 211.449
-0.370%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On May 17th, in the second round of the WorldSSP class at the 2026 World Superbike Championship (WSBK) Czech Republic round, Valentin Debis, a French rider from Chinese motorcycle manufacturer Zhang Xue Motorcycles, won the championship again. This marks his second time this season achieving a perfect record in two rounds of a single race, following his victory in Portugal. This is also the fifth championship for the rider and Zhang Xue Motorcycles this season.On May 17th, The Guardian reported that the Labour Partys disappointing performance in recent local elections further exposed Starmers long-standing reputational problems. A recent YouGov poll showed that only 11% of Britons considered Starmer a good or excellent prime minister, while nearly 60% thought he was poor or very poor. However, the report pointed out that Starmer is not the only European leader facing a decline in approval ratings. Data from Statista shows that only 27% of people support Starmer, 65% do not, and 8% are unsure. Notably, German Chancellor Merz fares even worse, with a 19% approval rating and a 76% disapproval rating; French President Macrons situation is similarly dire, with an 18% approval rating and a 75% disapproval rating.May 17th - Ticketing platform data shows that the film "Love Letter to Grandma" has surpassed 500 million yuan in cumulative box office revenue on its 18th day of release.The Huatai-PineBridge Semiconductor ETF, representing China and South Korea, is experiencing a significant premium in the secondary market and will be suspended from trading from the opening of the market on May 18, 2026 until 10:30 on that day.The Security Service of Ukraine stated that Ukraine attacked an oil refinery and two oil pumping stations in the Moscow region of Russia.

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