Silver bulls may finally be getting the move they have been waiting for — and the rally could now be feeding itself. On Monday, Silver exploded higher by more than $6 an ounce at its peak, marking its biggest single-day surge since February. But the most important part of the move may not be the […]
The post Silver’s $6 Surge May Be the Start of a FOMO Phase appeared first on ActionForex.
The short‑term Elliott Wave view in Silver (XAGUSD) indicates a constructive bullish sequence after the break above the April 17 peak at 83.05. That move confirmed a higher‑high structure and reinforced the upward bias. From Read more…
Key Highlights AUD/USD started a fresh increase above the 0.7200 pivot zone. A bullish trend line is forming with support at 0.7190 on the 4-hour chart. EUR/USD could gain strength if it clears 1.1800 and Read more…
Australia’s NAB business survey for April painted an increasingly stagflationary picture, with activity indicators weakening further even as cost pressures accelerated sharply. Business confidence improved slightly from -29 to -24, but remained deeply negative, while Read more…