XAG/USD Technical Analysis

Note: This section contains information in English only.
Source: Dukascopy Bank SA
XAG/USD is currently undergoing a sharp short-term reversal following a failed attempt to sustain a recovery rally, which stalled perfectly at the 89.80, 90.00 major resistance zone. The current daily candle shows strong bearish control, driving price down toward the immediate structural support cluster at 71.50.



Downside momentum is mirrored by MACD, where the recent bullish wave showed a noticeable lack of amplitude relative to price, signaling a weak foundation that is now rolling over. If the 73.58 defensive zone fails to hold on a daily closing basis, it opens the door for a deeper retreat back to the major multi-month consolidation floor at 65.00.
Back to articles

Actual Topics

Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.