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29.03.201717:06 Forex Analysis & Reviews: Daily analysis of Silver for March 29, 2017

Long-term review
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 29.03.2017 analysis

Overview

Silver price fluctuates within sideways track settled above 18.00 level, while stochastic begins to provide positive overlapping signal on the 4-hour time frame, keeping the bullish trend preferred in the upcoming period. Wait for breaching 18.30 level to open the way towards 18.90. In general, we will keep the expected rise valid conditioned by holding above 17.43 and 17.10 levels. The expected trading range for today is between 17.80 support and 18.30 resistance.

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