Silver prices dropped sharply following a sudden plunge of over 20% in U.S. copper futures, triggered by a surprise decision from the Trump administration to cancel import tariffs on refined copper. This move caused turmoil in the markets and impacted related assets such as silver.
From a technical perspective, silver is trading in a general downtrend on the...
Trading this week kicked off with a trade agreement between the United States and the European Union, which pushed both the US and European indices to open in the green.
However, this development had a negative impact on the euro, which is experiencing a significant decline during today's session, Monday, July 28, 2025. Meanwhile, the US dollar is making a strong...
After hitting a new all-time high at 123,256.49, Bitcoin, the world’s leading cryptocurrency, pulled back this week, closing on the 4-hour chart below the 115,714 level. This indicates a shift in trend from bullish to bearish and increases the likelihood of a short-to-medium-term decline.
The recent price rise appears to be corrective, and the 121,427 level is...
The GBP/USD pair is trading in a general upward trend after seeing some pullbacks due to the renewed strength of the US dollar. However, it failed to close below the 1.33649 level on both the 4-hour and daily timeframes, thus maintaining a positive outlook.
The next target for this pair is at the 1.3690 level. The bullish scenario will remain valid unless the...
The recent rebound of the US dollar has led to a decline in the Swiss franc against it, similar to other major currencies. The US dollar is also expected to show further strength in the coming period, supported by recent positive economic data, most notably, and the annual Consumer Price Index (CPI) - which came in at 2.7%, the highest reading in the last four...
After its recent surge to reach the highest levels since September 2011, silver is showing short-to-medium-term negative signals on the 4-hour timeframe, before potentially resuming its upward trend on the daily chart.
As seen in the chart above, the price dropped quickly below the 38.37 level, forming a new low and shifting the 4-hour trend from bullish to...
