Silver prices dropped after testing $29.63, continuing a bearish trend. The next target is $28.40, and if this level breaks, the price could reach $27.50 and $26.40. Holding below $29.63 is crucial for the downtrend to continue. A breakout above this level could start a recovery with a target of $30.63.
Gold Price Outlook
Gold remains below $2600, with a bearish outlook targeting $2555. The EMA50 continues to apply downward pressure. If the price breaks $2660, the trend may shift to bullish, with $2700 as the next target.
USDCAD Forecast
USDCAD has resumed its bullish trend after testing support at $1.4370. The next targets are $1.4500 and $1.4530. Breaking $1.4370 would reverse the trend to bearish.
USDJPY Forecast
USDJPY surged above $156.74, heading towards $158.00, with the next target at $159.00. Holding above $156.74 is key to continuing the bullish trend.
#SilverPrice #GoldPrice #USDCAD #USDJPY #MarketForecast #BearishTrend #BullishOutlook
Donald Trump has officially taken the oath as the 47th President of the United States…
The EUR/USD surged to 1.0320 during Monday’s European session, as the US Dollar weakened due…
Coldplay kicked off their Music of the Spheres tour with a packed show at DY…
Karan Veer Mehra has emerged as the winner of Bigg Boss 18, defeating Vivian Dsena…
Sachin Tendulkar's retirement was one of the most emotional moments in cricket history. After 24…
Donald Trump is set to take the oath as the 47th President of the United…