Expert Tools for Serious Traders
Chat with analyst
Demo only. More content is available in Live mode.

2024-04-21 20:17

Silver

Is silver a buy or a sell at current levels
Claws&Horns TeamClaws&Horns Team, Analyst
Hello,
The base scenario for the price movement of the XAG/USD pair remains a resumption of growth to the levels of 29.688 and 31.250 from the current levels or after a correction of quotes to the area of 27.000 (the center line of Bollinger Bands). The development of a significant decline towards the targets of 25.000 and 23.438 will become possible in the event of a downward breakdown of the support zone of 27.000-26.562 (the center line of Bollinger Bands, Murrey level [1/8]). However, for now, this option for breaking down events seems less likely.

2016-04-13 07:04

USD/JPY

Please let me know, what is the condition about usd/jpy?? for weekly/daily?
Claws&Horns TeamClaws&Horns Team, Analyst
Hello. At present, the pair is correcting. The price is testing the key resistance at 109.25 a breakout of which can lead to a growth towards 110.10, 110.80 and, possibly, 111.50. A rebound down would result in a fall towards 108.45 (middle MA of Bollinger Bands) and 107.86. The pair growth is a likelier scenario, in the long term in particular, that is indicated by Stochastic on the daily chart. Out of fundamental statistics this week, attention needs to be paid to data on Industrial Production, due in the US and Japan. The forecast for the US economy is more favorable suggesting the USD tends to strengthen.

Attached files:

2014-11-20 09:28

EUR/USD

Hey for the trading signals, the time for that signal is based on GMT/EST etc?
Claws&Horns TeamClaws&Horns Team, Analyst
Trading signal based on technical indicators are refreshed every 2 hours from 10 to 18 GMT+2