Trading
Analysis
Partnership
English EN
Silver is traded on exchanges as XAG. As this instrument, the precious metal is traded against one of the most liquid currencies, the euro. The price moves upwards when silver becomes cheaper, while the euro more expensive. It’s rather natural, since currency and precious metals have a negative correlation. The basics of technical analysis are required to make profit from this instrument.
Build your strategy around the intraday trading principle. Some investors prefer analyzing the price movement using the D1 chart. Standard indicators present in MetaTrader and other popular terminals are sufficient for the technical analysis: Parabolic, Bollinger Bands, RSI, MACD. Candlestick patters are also useful here, as they allow to determine the reversal points with negligible error.
Register and open an account.
Deposit using any convenient method. Verify your phone number before you start trading to secure your account.
Install a trading terminal or trade directly in your browser.
Analytics for GBP/CHF Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels …
Read more...
The stock is traded in the range between 365 and 135 ЕМА. The descending …
The descending truncated wave structure formation ended with the breach of the sloping …
The trend is descending. The stock is traded nearabout the upper border of the descending …
