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Pairs in Focus - Silver, GBP/USD, EUR/USD, Bitcoin, USD/MXN, Gold, USD/JPY, AUD/USD

From dailyforex.com

Silver: {chart} Silver markets spent most of the week selling off, as we have seen a lot of volatility around the world. At this point, it’s worth noting that the US dollar sold off a bit but held firm against certain currencies. In other words, it looks like the volatility is only somewhat justified, and I think at this point in time it’s worth noting that the $36 level seems to be a significant support level just waiting to happen. If we can recapture the $37.50 level, we will probably reenter the range that we had been in during the previous month. GBP/USD: {chart} The British pound has plunged for most of the ... (full story)

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  • Category: Technical Analysis