Market Sentiments

XAGUSD--Silver / U.S. Dollar
  • COUNTRIES:
    Silver/United States
  • PAIRS THAT CORRELATE:
    XAU/USD
  • 2022 HIGHS & LOWS:
    26.9600/17.5548
  • PAIR TYPE:
    Commodity
  • DAILY AVERAGE MOVEMENT IN PIPS:
    7.1
ONE-YEAR CHART:

XAGUSD

Table of Contents

Introduction

XAGUSD is the symbol used to represent the price of silver in U.S. dollars. This commodity pairing is widely traded in the forex market and can be affected by a variety of economic and political factors.

EUR

ADDITIONAL INFO

  • COUNTRY:

  • CENTRAL BANK:

  • NICKNAME:

  • %OF AVERAGE DAILY TURNOVER:

USD

ADDITIONAL INFO

  • COUNTRY:

    United States

  • CENTRAL BANK:

    Federal Reserve System

  • NICKNAME:

    Bucks,Greenback

  • %OF AVERAGE DAILY TURNOVER:

    84.90%

 

What is XAGUSD?

XAGUSD represents the price of one troy ounce of silver in U.S. dollars. This pairing is commonly traded in the forex market, where traders speculate on the future price movements of this commodity.

Factors affecting XAGUSD

The price of XAGUSD can be influenced by a variety of economic and political factors, including:

  • Supply and demand for silver
  • Inflation and deflation
  • Currency exchange rates
  • Geopolitical events
  • Mining output and production
  • Investor sentiment and speculation

Trading XAGUSD

Traders can buy or sell XAGUSD through forex brokers or other financial institutions. The price of this commodity pairing can be influenced by a variety of factors, which makes it important for traders to stay up-to-date on current events and economic data.

Technical analysis can also be used to identify potential entry and exit points for XAGUSD trades. This involves analyzing price charts and using various indicators to predict future price movements.

Conclusion

XAGUSD is a popular commodity pairing that is widely traded in the forex market. Traders should be aware of the various economic and political factors that can affect the price of silver in U.S. dollars, and use technical analysis to identify potential trading opportunities.

Fundamental Summary

XAGUSD

24.80150

Short

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Short

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Short

Strength

  • XAGUSD

    Minute5

    short

    Resistance4 22.86130
    Resistance3 22.79950
    Resistance2 22.75190
    Resistance1 22.73000
    Quote Price 24.80150
    Support1 22.66240
    Support2 22.62600
    Next Trade
    2023-11-03 00:01:01

  • XAGUSD

    Minute15

    long

    Resistance3 23.11750
    Resistance2 22.79950
    Resistance1 22.75190
    Quote Price 24.80150
    Support1 22.66240
    Support2 22.62600
    Support3 22.52680
    Next Trade
    2023-11-03 00:01:03

  • XAGUSD

    Minute30

    long

    Resistance2 22.43100
    Resistance1 22.52680
    Quote Price 24.80150
    Support1 23.11750
    Support2 23.30550
    Support3 23.59460
    Support4 23.68830
    Next Trade
    2023-11-03 00:01:05

  • XAGUSD

    Hour1

    long

    Resistance2 22.35850
    Resistance1 22.43100
    Quote Price 24.80150
    Support1 23.11750
    Support2 23.30550
    Support3 23.59460
    Support4 23.68830
    Next Trade
    2023-11-03 00:01:06

  • XAGUSD

    Hour4

    short

    Resistance2 20.67590
    Resistance1 22.43100
    Quote Price 24.80150
    Support1 23.59460
    Support2 23.76190
    Support3 25.13450
    Support4 25.25750
    Next Trade
    2023-11-03 00:01:08

  • XAGUSD

    Daily

    long

    Resistance3 25.25750
    Resistance2 25.00180
    Resistance1 23.76190
    Quote Price 24.80150
    Support1 20.67590
    Support2 19.89020
    Support3 17.95950
    Next Trade
    2023-11-02 16:02:25

  • XAGUSD

    Weekly

    long

    Resistance2 30.06100
    Resistance1 26.93680
    Quote Price 24.80150
    Support1 20.67590
    Support2 19.89020
    Support3 17.55350
    Support4 11.28100
    Next Trade
    2023-10-29 16:01:32

  • XAGUSD

    Monthly

    short

    Resistance3 8.40000
    Resistance2 11.28100
    Resistance1 17.54610
    Quote Price 24.80150
    Support1 26.12250
    Support2 30.06100
    Support3 49.78000
    Next Trade
    2023-10-31 16:02:40
    Coming soon!!

Technical Summary

XAGUSD

24.80150

Short

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Short

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Long

Strength

XAGUSD

24.80150

Short

Strength

  • XAGUSD

    Minute5

    short

    Resistance4 22.86130
    Resistance3 22.79950
    Resistance2 22.75190
    Resistance1 22.73000
    Quote Price 24.80150
    Support1 22.66240
    Support2 22.62600
    Next Trade
    2023-11-03 00:01:01

  • XAGUSD

    Minute15

    long

    Resistance3 23.11750
    Resistance2 22.79950
    Resistance1 22.75190
    Quote Price 24.80150
    Support1 22.66240
    Support2 22.62600
    Support3 22.52680
    Next Trade
    2023-11-03 00:01:03

  • XAGUSD

    Minute30

    long

    Resistance2 22.43100
    Resistance1 22.52680
    Quote Price 24.80150
    Support1 23.11750
    Support2 23.30550
    Support3 23.59460
    Support4 23.68830
    Next Trade
    2023-11-03 00:01:05

  • XAGUSD

    Hour1

    long

    Resistance2 22.35850
    Resistance1 22.43100
    Quote Price 24.80150
    Support1 23.11750
    Support2 23.30550
    Support3 23.59460
    Support4 23.68830
    Next Trade
    2023-11-03 00:01:06

  • XAGUSD

    Hour4

    short

    Resistance2 20.67590
    Resistance1 22.43100
    Quote Price 24.80150
    Support1 23.59460
    Support2 23.76190
    Support3 25.13450
    Support4 25.25750
    Next Trade
    2023-11-03 00:01:08

  • XAGUSD

    Daily

    long

    Resistance3 25.25750
    Resistance2 25.00180
    Resistance1 23.76190
    Quote Price 24.80150
    Support1 20.67590
    Support2 19.89020
    Support3 17.95950
    Next Trade
    2023-11-02 16:02:25

  • XAGUSD

    Weekly

    long

    Resistance2 30.06100
    Resistance1 26.93680
    Quote Price 24.80150
    Support1 20.67590
    Support2 19.89020
    Support3 17.55350
    Support4 11.28100
    Next Trade
    2023-10-29 16:01:32

  • XAGUSD

    Monthly

    short

    Resistance3 8.40000
    Resistance2 11.28100
    Resistance1 17.54610
    Quote Price 24.80150
    Support1 26.12250
    Support2 30.06100
    Support3 49.78000
    Next Trade
    2023-10-31 16:02:40

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