Forex news

  • Home
  • Forex analysis
  • Forex brokers news
  • Choose a broker

Daily analysis of Silver for September 23, 2015

September 23, 2015 by Forex analysis review

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Google+ (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

SILVERH4.png

Overview

Silver price traded with clear negativity to retest the bearish channel’s resistance that was breached previously and now turns into key support level at 14.70. As we mentioned in our recent articles, holding above this level represents the key condition to continue the bullish correctional scenario. Its targets begin by breaching the 15.40 level to open the way towards 15.85 followed by 16.30. Stochastic generates oversold signals that support the waited rise, reminding you that a break of the 14.70 level will push the price to the previously recorded low at 13.96 initially.

In general, holding above the 14.70 level keeps our bullish trend expectations valid for the upcoming period, reminding you that breaching the 15.40 level will extend gains of silver price to 15.85 followed by 16.30.

The material has been provided by InstaForex Company – www.instaforex.com



Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Google+ (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related posts:

  1. Daily analysis of Silver for September 18, 2015
  2. Daily analysis of Silver for September 03, 2015
  3. Daily analysis of SILVER for August 24, 2015
  4. Daily analysis of SILVER for August 18, 2015
  5. Daily analysis of Silver for September 15, 2015
  6. Daily analysis of Silver for September 04, 2015
  7. Daily analysis of Silver for September 14, 2015
  8. Daily analysis of SILVER for August 06, 2015

Filed Under: Forex analysis

Best forex brokers ads

Ads

100% Bonus

Categories

  • Alpari broker news
  • EasyMarkets review
  • Etoro analysis
  • Exness Review
  • Forex analysis
  • Forex brokers
  • Forex brokers news
  • Instaforex company news
  • Liteforex news and analysis
  • Roboforex news
  • XM forex brokers news and reviews
  • XM.com
  • Zulutrade Review
Rrula.org forex news copyright 2013