• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

XAGUSD must Break Ongoing Downtrend

FTD Limited by FTD Limited
October 1, 2021
Reading Time: 1 min read
A A
XAGUSD must Break Ongoing Downtrend
0
SHARES
22
VIEWS
tweetpostshare
XAGUSD Daily Chart
XAGUSD Daily Chart

XAGUSD traders witnessing a battle between bulls and bears close to the 22 support. Silver was priced below the 22 from 2013 to 2020. After the 2020 breakout pricing range change to 22 -30 zone. The major resistance of 2013-2020 is now working as a support. Silver tested this support only 4 times until late September and all of the tests end with massive up moves. But for the last 10 days, bears are pressing more, and finally, the price made a daily close below the 22 but returned back to over the support.

Today’s weekly bar close may become highly important for the medium to long-term direction. But for bulls to take a breather, silver must break the ongoing downtrend. 

Learn more about us
Tags: silverXAGUSD
TweetShareShareSend
Previous Post

US Jobless Claims are on the Rise

Next Post

COT Weekly Non-Commercial Net Positions

Related Posts

The Reserve Bank of Australia increased its policy rate by 50 basis points
DAILY UPDATES

The Reserve Bank of Australia Increased Its Policy Rate by 50 Basis Points

Yellen meets with Chinese Vice Premier
DAILY UPDATES

Yellen Meets With Chinese Vice Premier

Recession Warning From Bank of America
DAILY UPDATES

Recession Warning From Bank of America

Inflation in Switzerland at a 29-Year High
DAILY UPDATES

Inflation in Switzerland at a 29-Year High

Oil prices rise
DAILY UPDATES

Recession and Supply Concerns on Oil

Inflation in France
DAILY UPDATES

Inflation Hits Record in France

Next Post
COT Weekly Non-Commercial Net Positions

COT Weekly Non-Commercial Net Positions

You might also like

Psychology of trading plays a vital role in one's trading decisions

Trading Psychology

Differences between MT4 and Mt5

MT4 and MT5’s Differences – How to See the Total Lot Sizes in MT5?

Regulated and Licensed Forex Brokerage Company

Regulated Entities

FTD Limited's White Label Program gives you a chance to have your own brand within financial markets.

White Label Solutions

FTD Limited offers Introducing Brokers Program

Introducing Brokers

Algorithmic trading in forex, cfds and indices

Basics of Algorithmic Trading: Concepts and Strategies

Recent Posts

  • The Reserve Bank of Australia Increased Its Policy Rate by 50 Basis Points
  • Yellen Meets With Chinese Vice Premier
  • Recession Warning From Bank of America
  • Inflation in Switzerland at a 29-Year High
  • Recession and Supply Concerns on Oil
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • The Reserve Bank of Australia Increased Its Policy Rate by 50 Basis Points
  • Yellen Meets With Chinese Vice Premier
  • Recession Warning From Bank of America

Subscribe to our newsletter and get notified about the next update.

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.