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Xagusdshort

XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.14 (horizontal pullback resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 14.86 (61.8% Fibonacci extension, horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAGUSDShort
by FlowState
USDCAD approaching resistance, potential drop! USDCAD is approaching our first resistance at 1.3399 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 1.3339 (horizontal swing low support, 50% Fibonacci retracement). Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.83 (horizontal pullback support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level to our major resistance at 15.30 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDLong
by easyMarkets
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.86 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 15.14 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAGUSDLong
by FlowState
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.86 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 15.14 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAGUSDLong
by Tickmill
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.83 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% retracement, short term ascending line) where a strong bounce might occur to our first resistance at 15.30 (horizontal overlap resistance, 61.8% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDLong
by easyMarkets
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.79 (horizontal pullback support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur to our first resistance at 15.56 (horizontal overlap resistance, 100% Fibonacci extension, 50% Fibonacci retracement). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAGUSDLong
by easyMarkets
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.91 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal overlap support) where a strong bounce might occur above this level to our major resistance at 15.60 (100% Fibonacci extension, 50% Fibonacci retracement, Horizontal swing high resistance). Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
FX:XAGUSDLong
by Tickmill
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.2609 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 14.8020 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback support). Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by easyMarkets
XAGUSD approaching support, potential bounce!XAGUSD is approaching our first support at 14.8020 (horizontal pullback support, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 15.2117 (horizontal overlap resistance, 50% Fibonacci retracement). Stochastic is also approaching support. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDLong
by easyMarkets
1
XAGUSD approaching support, potential bounce! XAGUSD is approaching our first support at 14.8020 (horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce to our major resistance at 15.20565 (horizontal overlap resistance, 50% Fibonacci retracement) might occur. Stochastic is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDLong
by Tickmill
XAGUSD approaching resistance, potential drop! XAGUSD is approaching our first resistance at 15.60 (horizontal pullback resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level to our major support at 15.34 (61.8% Fibonacci extension). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
OANDA:XAGUSDShort
by Tickmill
DONT READ THIS!!!!!We have our target zone ( green box ) marked out ready for price to park itself in, this zone has been used as key support and resistance before as you can see. Silver has been in a downtrend market since mid may 2016 and we can see this continuing until our target is hit, and as you can see from the bearish candles last week and this week there is still a lot of selling power around, after our target is hit we can see a lovely bullish market come into play as the US economy goes into recession. What are your views on this trade? comment below.
OANDA:XAGUSDShort
by ApexFX_Pro