EUR/USD 1.18208
0.563%
Gold 4981.50
0.923%
Oil 61.059
2.474%
USD/JPY 155.813
-1.645%
GBP/USD 1.36362
0.994%
GBP/JPY 212.474
-0.652%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On January 25th, NIOs subsidiary, Ledao Auto, announced that its "Nationwide Battery Doubling Plan for Battery Swapping Stations" has reached 91.36% completion. As of January 24th, Ledao had added over 7,309 new batteries, achieving 91.36% of the overall progress. The company aims to complete the addition of over 8,000 new battery packs within January, effectively doubling its battery capacity.Zhongchong Co., Ltd. announced that it plans to repurchase shares worth 100 million to 200 million yuan for the purpose of converting the companys convertible bonds. The repurchase price will not exceed 78 yuan per share.On January 25th, Jiaming Packaging announced that its stock price had increased by 408.11% from December 17, 2025 to January 23, 2026, triggering multiple instances of abnormal stock trading fluctuations. The significant short-term price increase has deviated from the companys fundamentals. To protect investors interests, the company will suspend trading to investigate the stock trading fluctuations. Upon application to the Shenzhen Stock Exchange, the companys stock will be suspended from trading starting January 26, 2026 (Monday), with the suspension expected to last no more than five trading days. The company reminds investors to be aware of the risks associated with secondary market trading.On January 25th, Liu Juncai, a member of the Beijing Municipal Committee of the Chinese Peoples Political Consultative Conference (CPPCC) and director of the Beijing Municipal Health Commission, revealed in an interview that Beijing has implemented 67 measures to support childbirth, distributing 947 million yuan in childcare subsidies last year. When discussing the progress of Beijings efforts to alleviate the burden on medical resources, Liu Juncai stated that by 2025, three projects, including the second phase of Tsinghua Changgeng Hospital, will be operational; three projects, including the Tongzhou branch of the Beijing Childrens Hospital, will be accelerated; and six projects, including the Fangshan branch of Xuanwu Hospital, will commence construction. The departmental setup of Xiongan Xuanwu Hospital will be fully implemented, and the first phase of the Peking Union Medical College Hospital National Medical Center (Xiongan branch) will commence construction. This year, we will coordinate the implementation of a comprehensive package of childbirth support policies, including childcare subsidies, maternity insurance, and maternity leave, while also cooperating with the Municipal Education Commission to study relaxing the standards for inclusive childcare fees and optimizing subsidy policies.On January 25th, Actions Technology (688049.SH) announced that it expects to achieve a net profit attributable to shareholders of the listed company of 204 million yuan in 2025, an increase of 97.4171 million yuan, or 91.40%, compared with the same period last year. During the reporting period, the company focused on the AI transformation of edge products, increased R&D investment and accelerated new product iteration, and achieved mass production of edge AI audio chips. Sales revenue of multiple products increased significantly, and economies of scale drove profit growth.

Silver price analysis: XAG/USD declines from a 13-day-old resistance line below $21.00

Daniel Rogers

Mar 13, 2023 11:37

 截屏2022-07-29 上午11.05.40.png

 

Silver price (XAG/USD) maintains modest gains near $20.60 as it probes the metal's retreat from a key short-term resistance line on Monday morning. Despite this, the XAG/USD maintains its three-day winning trend and extends yesterday's recovery from the lowest levels since November 4, 2022.

 

Nonetheless, the impending bear cross on the MACD and the bullion's inability to remain above the 200-SMA, not to mention the failure to cross a two-week-old resistance line, give Silver price bears reason for optimism.

 

Consequently, the bullion remains on track to retest the two-week-old horizontal support zone close to $20.40. However, the metal's further decline may make it difficult to break the $20.00 psychological magnet.

 

The focus will then shift to the monthly low of $19.95 and the November 2022 low around $18.85.

 

On the contrary, recovery movements remain elusive unless the XAG/USD remains below the downward-sloping resistance line from late February, around $20.90 at the latest. The $21.00 round number also functions as an upside filter.

 

The previous week's high near $21.30 may serve as the last line of defense for the XAG/USD skeptics if Silver purchasers maintain control above $21.00.


Suggestion