After the RBA’s rate hike at the October meeting, biggest topic in the market has been ‘who’s the next central bank in the developed world to tighten monetary policy?’. While analysts have…
Tag: Silver
Silver Daily Technical Outlook
Comex Silver (SI) With 4 hours MACD crossed below signal line, an intraday top is in place and some consolidation could be seen. Nevertheless, pull back is expected to be contained above…
Commodities Strengthen as USD Slides
Crude oil price hovers around 70 in European morning as weakness in USD boosts demand for commodities. Stock markets continue to advance after RBA’s rate hike Tuesday as this signaled economic recovery….
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s break of 17.69 resistance confirms that whole rise from 12.345 has resumed. At this point, intraday bias will remain on the upside and further rise should be seen…
Silver Daily Technical Outlook
Comex Silver (SI) Silver’s rally extends further today and is set to take on 17.69 high. Break there will confirm rally resumption and should target next key resistance at 19.44. on the…
Crude Remains Under Pressure as Recovery Worries Linger
Crude oil trades below 70 in Asia Monday as Friday’s employment data fueled concerns on economic recovery. Weakness in stock market despite renewed decline in USD suggests investors are refraining from taking…
Help Silver by Letting Silver Help You
By: Warren Bevan It’s a well known but often misunderstood fact that silver is being, once again, increasingly used in medicinal or purification applications. The recent reports of the H1N1 virus, more…
Silver Weekly Technical Outlook
Comex Silver (SI) Silver’s recovery was limited at 16.785 last week and weakened again. Initial bias remains on the downside this week for 15.76 first and break will bring fall resumption. As…
Weekly Fundamental Outlook for Energies and Metals – Commodities Consolidate as Economic Outlook is Mixed
Most of the commodities gyrated within their recent trading range last week as the broad market outlook remained mixed. After a sharp fall to the lower end of the range in the…
Silver Daily Technical Outlook
Comex Silver (SI) With 4 hours MACD crossed below signal line, recovery from 15.76 should have completed at 16.78 already. Intraday bias is flipped back to the downside and further fall should…