XAGEURe
76.4570
(+270.65%)
Supply/demand: 76.4570/76.5230
Day range: 74.5343/72.0051
Close: 74.5343
Open: 72.1720
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 Trading Platform 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.
Build your strategy around the intraday trading principle. Some investors prefer analyzing the price movement using the D1 chart. Standard indicators present in Trading Platform 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.
How to make money
XAGEURe
- Register and open an account.
- Depositusing any convenient method.
- Install a trading terminal or trade directly in your browser.
Economic calendar
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Economic Calendar is one of the most important tools in trading.
Reading the economic calendar is easy. It displays all the events that can affect the direction of the market and helps traders make educated decisions.
What financial news is the most important? First of all, it's interest rates, GDP, employment data, new home sales, inflation. Become our client to get full access to all our analytical materials.
