GBP/NZD 1H Chart: Channel Down

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    XAG/USD 4H Chart: Channel Down Comment: As things stand now, silver is likely to keep losing value. Any near-term rallies are to be limited by the upper boundary of the emerging channel at 14.30, while the key support is at 13.90, represented by the falling support trend-line, Nov low and weekly S1. If this demand level is broken, the next target should be 13.45, namely the weekly S3 and monthly S1. In the meantime, in case the bulls overpower bears at 14.30, we may well see a test of the

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