XAG/USD

CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
RESISTANCE LEVELS: 18.25
SUPPORT LEVELS : 16.7
PAIR ANALYSIS :
The XAG/USD commodity analysis indicate that the W1 chart have shown a bullish trend as indicated in fig 2 (Bearish channel in fig 1). The linear regression slope and the Parabolic Sar distribution could suggest the bearish retracement.
The objective could be indicated in the 16.03 support zone. In this scale the Volume analysis shows a no positive derivative. So technically also the chart analysis in fig 2 suggest a bearish opportunity around the resistance line with a possibility a sell lim trade around the 17.329 price level. A support for the bearish objective could also considered in view of the fundamental analysis which there is the possibility of a great NFP.
FIGURE 1 shows the tendency
BRENT

CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
RESISTANCE LEVELS: 58.877
SUPPORT LEVELS : 46.8329
PAIR ANALYSIS :
Brent W1 chart analysis have shown a bearish/trendless tendency as indicated in fig 2, the pair candle close around the middle Bollinger Band. In this TF the linear regres…
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