empty
 
 
21.04.2016 06:06 PM
Daily analysis of silver for April 21, 2016

This image is no longer relevant

Overvier

Silver price continues its bullish rally to confirm surpassing the bullish channel's resistance after the last four hours candlestick closed above it, which lead to continuation of the bullish trend scenario on the intraday and short-term basis. The 18.03 level acts as the next main target. In general, the bullish momentum will remain valid for today unless the price breaks below the 17.08 level and stabilizes. The expected trading range for today is between support at 17.00 and resistance at 17.70.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback