Free Trial

Lower In Asia Amidst Broad Risk Aversion


No Letup In Recession Worry


(U2) Fresh Short-Term Gains


FVU2 Blocked

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
SILVER TECHS: 200/100-DMAs Limits Upside
*RES 4: $15.640 - High March 21
*RES 3: $15.343 - High April 9
*RES 2: $15.150/154 - 100-dma/High Jun 7
*RES 1: $14.929/942 - Intraday high/200-dma
*PRICE: $14.880 @ 08:39 BST Jun 18
*SUP 1: $14.743 - Low Jun 13
*SUP 2: $14.649 - N/T Pivot Point
*SUP 3: $14.444 - 76.4% retracement of $13.897-16.216
*SUP 4: $14.294 - Low May 28
The 200-dma continues to cap gains to the upside near-term, with the medium-term
resistance remaining at the 100-dma. After a false break of the 200-dma last
week, the reversal lower has since been faded and bulls attempted to pull back
up to the 200-dma overnight. With the exception of 7 June, silver has failed to
close above the 200-dma since April, suggesting a lack of bullish
sustainability. A break below $14.743 would trigger a renewed bearish signal.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.