Silver

[Ramzy.hassan]

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 17.36 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 17.24 will be a stop level area .

[ANDRIAS]

http://prntscr.com/4xvv2c
analysis for today 10 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle SILVER on the date 10 / 17 / 2014
OPEN 17.345
HIGH 17.410
LOW 17.190
CLOSED 17.230

The third resistance (R3) 17.410 - ( 17.277 - 17.190 = 0.087 x 2 = 0.173 )= 17.583
The second Resistance (R2) 17.277 + 17.410 - 17.190 = 17.497
First resistance (R1) 17.277 x 2 = 34.553 - 17.190 = 17.363
pivot points 17.410 + 17.190 + 17.230 = 51.830 / 3 = 17.277
Support for the first (S1) 17.277 x 2 = 34.55 - 17.41 = 17.143
Support second (S2) 17.277 - ( 17.410 - 17.190 = 0.220 ) = 17.057
Third Support (S3) 17.190 - ( 17.410 - 17.277 = 0.133 x 2 = 0.267 )= 16.923

[ali90]

A bearish trend is now active on the XAGUSD accordong to the down arrow as you can see on the other hand the Henkin Ashi shows a red candle which may be considered as a bearish signal . For more confirmation I used two indicators Snake and T3-Clean which they make a sell intersection between each other to confirm a bearish direction on the short term Also by taking a look on the trend session indicator you can see the red bars which indicated a propably of bearish trend for the current time For my own I am planning to sell the pair targeting the area of 17.19 which I indicate a strong support at this level

[troykilson]

According to the analysis made upon the XAGUSD chart today I do notice that a strong bearish trend is taking place based on the oscillator which is now at 0.046 area located below the balance level while at the same time the indicator is giving us a red signal which makes a strong indication that a bearish direction is taking place on the short term. The moving average 5 on the chart giving us a down slope the top located at the price 17.252 could be considered a good stop loss for if there were sell orders indicated by the indicators we are using.

[aliali1]

on the XAGUSD one hour chart you can see a red arrow which indicates a bearish trend for now which has a top supporting it at 17.49 also it can be used as a strong resistance as the price shouldn't go above it the trend still as a bearish trend.
And the dots of the parabolic sar indicator located above the candles and that sign for the price to go down In case of there are selling trades are taking place then i think that the 17.265 is a good place to close a part from your opening trades because the price has a good chance to go up after hitting it .

[ralf]

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.
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[hatrik]

The momentum indicator shows a clear cross on the XAGUSD chart when the blue line heads below the red line to construct a very good selling signal for now On the Oracle Strength indicator a red color is shown and it is an indication for the bearish direction for the XAGUSD pair.
The red color of the arrows can be a confirmation for the downward direction at the Oracle direction indicator.
As a result of the previous indicators the Bearish trend would be appeared as the sell cross of the momentum indicator appears on the chart and the sell trades advised to be taken as the ATR indicator still showing a sell signals.
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[halloiasan]

My forecasting for today on the XAGUSD shows that the price is currently moving upwards through the up 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 below 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 low edge of donchin channel which can be a good bullish signal till the price be able to hit the high edge of it Finally another sell condition is shown by getting down cross at the stostatic indicator and the two lines is almost at level of Stostatic Level To finish the forecasting I gess that you can consider a bullish trend on the short term and then buy orders can take place as soon as you can see clear signals on both awesome oscillator and stostatic

[RaKalan]

The price of silver did not show any strong movement since the morning, to continue to fluctuate around SMA 50, and thus, the scenario intraday bearishness will remain intact and effective price below 17.65, with a reminder our goals ahead at 17.00 and then 16.65.
The trading range for today is between: Support and Resistance 16.65 17.70

[ng1985]

pair- silver
analysis time frame- m30



the price is moving in the down trend side along the resistance trend line. this is also having resistance with moving average 14 at price 17.36 level. the price will falling to the lower support at 17.00 level. hold the short entry with stop loss at 17.75
good luck