Silver

My forecasting for today on the XAGUSD shows that the price is currently moving downwards through the down channel as you can see Awesome oscillator is a good indicator to avoid side trend market and it is currently showing a buy signal by getting a green bars located above the 0 th level to indicate a bullish trend Now when you take a close look to the chart you can see that the price hit the high edge of donchin channel which can be a good bearish signal till the price be able to hit the low edge of it Finally another buy condition is shown by getting up cross at the stostatic indicator and the two lines is almost at level of 80 To finish the forecasting I gess that you can consider a bearish trend on the short term and then sell orders can take place as soon as you can see clear signals on both awesome oscillator and stostatic http://bigimage.cz/photos/20010105978653176106950.gif

pair- silver
analysis time frame- m30

http://i57.tinypic.com/28bu00o.jpg

the price is is falling down side with breaking the resistance at 17.34 level and hold at the support 17.00 level. now the price up movement is rejecting with resistance at 17.22 level. if this is break then its up movement again expected to the 17.60 level. long with stop loss at 16.70
good luck

The XAGUSD chart shows a bottom which is drawn by the ZigZag indicator and that indicates that pair is more likely to move upward For the current time the price movement is near the up edge of the Donchin band indicator and that means that it is hard for the price to move upward I think that it is more likely for the price to have a upward direction only in the case of closing a candle above the resistance of 17.225 and you can see it on the chart by the red dots and in order to catch a strong buy trade you need for 2 SMA indicators to make a buy Cross If you face a reverse downward direction i think that the support line at 17.06 will be a stop level area .
http://bigimage.cz/photos/20010105978662484449972.gif

Daily forecast: SILVER 24 Oct. 2014.

Technical analysis for Daily forecast of SILVER 24 October, 2014. In Daily chart SILVER shows bullish trend. At present SILVER above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 17.595.

Pivot: 17.128

Resistance levels

R1 17.252
R2 17.348
R3 17.472
R4 17.595

Support levels

S1 17.032
S2 16.908
S3 16.812
S4 16.715
Attachment 11979

On the XAGUSD chart the price in now having a bearish trend and the indication for that is the down red arrow above the price also you can find the sell cross between the snake and T3_clean on the 1H chart We have some levels that could effect on the direction like the support level at 17.015 which can be a good level to claim profits or to keep on your selling trades but in case of breaking it down and you can use the resistance level of 17.215 as a stop loss Unless there is an opposite buy cross occurs or a blue up arrow occurs then selling is the most right decision for the current time http://bigimage.cz/photos/20010105978663251201585.gif .

Weekly forecast: SILVER 27-31 Oct. 2014

Technical analysis for weekly forecast for SILVER 27-31 Oct. 2014. In weekly chart SILVER shows bearish trend. At present SILVER below the pivot point and going towards the 1st support level. If 1st support level breaks then next strong support is 15.925.

Pivot: 17.265

Resistance levels

R1 17.525
R2 17.885
R3 18.145
R4 18.405

Support levels

S1 16.905
S2 16.645
S3 16.285
S4 15.925
Attachment 12010

On our XAGUSD pair today we can see that the price is taking a downward direction and that’s due to the red dots above the candles if the price kept its position lower than the strong resistance 17.1876 which happens to be a weekly pivot level then I can assume that price would be taking a south direction till it reaches the weekly pivot support 17.1667 .
On the other hand if the price penetrated the resistance at the level 17.1876 and blue dots appeared indicating bullish signals then I can assume that the price will be taking a north direction till it reaches the resistance of the level 17.1933 of the next Pivot level.
http://bigimage.cz/photos/20010108978911164124647.gif .

We can see that the price of the XAGUSD chart we can see that the price is moving below the EMA indicator wave to make a bearish direction during the day Also the RSI indicator shows a sell signal which shows by the line going below the center line of 35 This can be combined with the data from the Macd indicator that is shown by the green lines that going down to indicate that the market bears are dominating on the market for now I think that you should think in going for bears until another buy signals appears on the chart by getting the price above the wave of the EMA indicators.
http://bigimage.cz/photos/20010108978911676123021.gif .

pair- silver
time frame analysis- m30

http://i58.tinypic.com/ff93dg.png

the price is having a strong support at 17.10 level that is not able to break and the price is again moving up side. if this is break the moving average resistance at 17.20 level then up movement to the 17.50 can expected. long with the stop loss at 16.80
good luck

As we can see in the XAGUSD chart the main trend is currently taking a down direction and that’s because of the position of the 5 and 6 EMAs which are below the 35 EMA and as a result taking sell positions is the right choice once I get the confirmation from the other indicators that the direction will be bearish .
The parabolic sar indicator shows that the price might be taking a downward direction according to the dots above the candles The MACD indicator is giving me a sell signal which is currently moving below the 0 level also the CCI line is performing a downward signal as is at the lower level.
As a conclusion to what I said earlier I do think that selling would be the best choice for now according to the EMA locations that of course unless the price gave a bullish signal instead.
http://bigimage.cz/photos/20010108978941667157795.gif .