SILVER - USD - 1H - Technical analysis published on 09/18/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 27.01 USD
My targets
27.43 USD (+1.03%)
27.63 USD (+1.77%)
My analysis
SILVER - USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 27.01 USD. The next resistance located at 27.43 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 27.63 USD. After this resistance, buyers could then target 28.30 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SILVER - USD rating 27.15 USD. The price registered an increase of +0.37% on the session and was between 26.93 USD and 27.25 USD. This implies that the price is at +0.82% from its lowest and at -0.37% from its highest.26.93
27.25
27.15
Here is a more detailed summary of the historical variations registered by SILVER - USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of SILVER - USD in 1H shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.35 | 26.57 | 27.01 | 27.15 | 27.21 | 27.43 | 27.63 |
| Change (%) | -2.95% | -2.14% | -0.52% | - | +0.22% | +1.03% | +1.77% |
| Change | -0.80 | -0.58 | -0.14 | - | +0.06 | +0.28 | +0.48 |
| Level | Major | Major | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 25.58 | 25.94 | 26.49 | 26.85 | 27.40 | 27.76 | 28.31 |
| Camarilla | 26.80 | 26.88 | 26.97 | 27.05 | 27.13 | 27.22 | 27.30 |
| Woodie | 25.69 | 25.99 | 26.60 | 26.90 | 27.51 | 27.81 | 28.42 |
| Fibonacci | 25.94 | 26.28 | 26.50 | 26.85 | 27.19 | 27.41 | 27.76 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.26 | 25.05 | 25.90 | 26.69 | 27.54 | 28.33 | 29.18 |
| Camarilla | 26.29 | 26.44 | 26.59 | 26.74 | 26.89 | 27.04 | 27.19 |
| Woodie | 24.28 | 25.07 | 25.92 | 26.71 | 27.56 | 28.35 | 29.20 |
| Fibonacci | 25.05 | 25.68 | 26.07 | 26.69 | 27.32 | 27.71 | 28.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.97 | 20.70 | 24.41 | 27.14 | 30.85 | 33.58 | 37.29 |
| Camarilla | 26.36 | 26.95 | 27.54 | 28.13 | 28.72 | 29.31 | 29.90 |
| Woodie | 18.47 | 20.95 | 24.91 | 27.39 | 31.35 | 33.83 | 37.79 |
| Fibonacci | 20.70 | 23.16 | 24.68 | 27.14 | 29.60 | 31.12 | 33.58 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 57.78 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 8.30 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 27.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 26.98 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 27.17 | |
| Zig ZAG (10): | 27.13 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 75.00 | |
| TEMA (21): | 27.16 | |
| Williams %R (14): | -25.00 | |
| Chande Momentum Oscillator (20): | 0.13 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.54 |
| MA7: | 27.04 | |
| MA20: | 27.11 | |
| MA50: | 25.52 | |
| MA100: | 21.40 | |
| MAexp7: | 27.13 | |
| MAexp20: | 27.06 | |
| MAexp50: | 27.05 | |
| MAexp100: | 27.05 | |
| Price / MA7: | +0.41% | |
| Price / MA20: | +0.15% | |
| Price / MA50: | +6.39% | |
| Price / MA100: | +26.87% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.33% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +0.37% |
Quotes :
2020-09-18 09:04:42
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Real time data
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Gold & Silver Spot
News
The last news published on SILVER - USD at the time of the generation of this analysis was as follows:
-
Silver Prices forecast for the week of December 12 2016, Technical Analysis
-
Silver Technical Analysis for December 12 2016 by FXEmpire.com
-
Silver Technical Analysis for December 09 2016 by FXEmpire.com
-
Silver Technical Analysis for December 08 2016 by FXEmpire.com
-
Silver Technical Analysis for December 07 2016 by FXEmpire.com
This member declared not having a position on this financial instrument or a related financial instrument.
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