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  • Silver Price Analysis: XAG/USD bears approach six-week-old support near $21.00

    From fxstreet.com

    Silver (XAG/USD) stays on the back foot for the second consecutive day, taking offers at around $21.35, during Thursday‘s Asian session. In doing so, the bright metal extends the recent pullback amid failures to cross the short-term key hurdles. Also keeping sellers hopeful is the steady RSI (14). That said, the commodity prices drop towards an upward sloping support line from May 13, at $21.00 by the press time. However, the monthly low of $20.89 and May’s bottom surrounding $20.45 will challenge the quote’s further declines ahead of highlighting the $20.00 psychological magnet for bears. Alternatively, the ... (full story)

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    Jibun Bank Flash Japan Composite PMI

    From pmi.spglobal.com|Jun 22, 2022|1 comment

    Today sees the latest release of the au Jibun Bank Flash Japan Composite PMIŽ. Published on a monthly basis approximately one week before final PMI data are released, this makes ...

    Can The U.S. Overtake China In The Battery Metal Race?

    From oilprice.com|Jun 22, 2022

    Over the past few decades, the US-China relationship has evolved into more of a rivalry than anything else. This has left the United States eager to decouple from China on several ...

    Markets Today: Powell admits recession is possible

    From business.nab.com.au|Jun 22, 2022

    podcast Recession or hard landing fears have taken a firmer hold on most markets in the past 24 hours. Benchmark government bond yields have fallen by 13-15bps in Europe and the ...

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    Japan's June factory activity growth eases on China curbs - flash PMI

    From channelnewsasia.com|Jun 22, 2022

    Japan's factory activity growth slowed in June as China's strict COVID-19 curbs took a toll on manufacturing demand, even as service sector sentiment hit a nearly nine-year high ...

    The Commodities Feed: Recession fear weighs on the complex

    From think.ing.com|Jun 22, 2022

    The oil market came under pressure with the rest of the commodities complex yesterday. ICE Brent traded as low as US$107.03/bbl at one stage. Growing fears over a recession have ...

    Copper Price plunges below $3.90 on advancing hopes of a slump in the aggregate demand

    From fxstreet.com|Jun 22, 2022

    Copper, prices on COMEX, have witnessed a steep fall in the Asian session. The base metal has surrendered the potential cushion of $3.90 and has renewed its 15-month low at $3.86. ...

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  • Posted: Jun 22, 2022 8:53pm
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 0  /  Views: 27
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