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25.06.202407:15 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Silver Commodity Asset, Tuesday June 25, 2024.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 25.06.2024 analysis

With the appearance of deviations between the price movement of the Silver commodity asset and the Stochastic Oscillator indicator, it has given an indication that in the near future Silver has the potential to weaken down to the level of 29,312. It is possible that after this level is tested there will be a correction to strengthen slightly to the level of 30,219, but during the correction it will strengthen. If it does not broken above the 30,515 level, Silver still has the potential to continue weakening again to the level of 28,711 as the main target and 28,245 as the next target to be aimed at.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2024

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