SILVER weekly special report based on 1.00 Lot Calculation:
TECHNICAL ANALYSIS:
- DAILY MOVING AVERAGES POINT TO AN UPTREND: Silver prices have remained above the 20 - and 50-day moving averages, pointing to an ongoing uptrend. However, silver prices can also change their trend if they fall below the 20- and 50-day moving averages.
- MID–TERM UPTREND CHANNEL: As depicted by the daily chart below, the silver price has kept trading within the mid-term green-lined uptrend channel, confirming its mid-term trend is up since early April 2025. However, there remains a risk of a potential breakout below this level if market conditions change.
- ALL-TIME HIGH PRICE: $49.80. Silver jumped to $49.80 in 2011, during the debt crisis in Europe. Currently, Silver trades around $38.10, and if a full recovery is made, this could offer an upside potential of around 31%. However, the price could decline.
GRAPH (Daily): January 2025 – July 2025
Please note that past performance does not guarantee future results
GEOPOLITICS: RUSSIA – UKRAINE/USA CONFLICT
- BREAKING (JULY 28): US PRESIDENT TRUMP SAID HE WILL REDUCE THE DEADLINE PERIOD FOR RUSSIA TO REACH A CEASEFIRE DEAL WITH UKRAINE (10 TO 12 DAYS) AFTER WHICH THE USA WILL SLAP NEW SANCTIONS AND SECONDARY TARIFFS. According to Reuters, U.S. President Donald Trump set a new deadline on Monday (July 28) of 10 or 12 days (down from the previous 50-day deadline set on July 14) for Russia to make progress toward ending the war in Ukraine or face consequences. Trump has threatened sanctions on both Russia and buyers of its exports unless progress is made. Trump reiterated that, without a deal, his administration would impose 100% secondary tariffs on countries continuing to import Russian exports.
EVENTS:
- WEDNESDAY, JULY 30 AT 19:00 GMT+1: US FEDERAL RESERVE INTEREST RATE DECISION. Fed Chair Jerome Powell will hold a press conference the same day at 19:30 GMT+1. Investors will be eager to hear when the Fed will resume its cycle of interest rate cuts, and more importantly, how President Trump’s pressure on Fed Chair Jerome Powell to cut rates immediately could influence future decisions by the Fed.
- FRIDAY, AUGUST 1 AT 13:30 GMT+1: US NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE (JULY). The US labor market data remains one of the most important indicators, used by the US Fed, that could potentially predict if and when there could be new interest rate cuts. The US unemployment rate remained above 4%, coming in at 4.1% for June.
- FRIDAY, AUGUST 1 AT 15:00 GMT+1: US ISM MANUFACTURING PMI (JULY). The US manufacturing activity remains negatively pressured as recent figures have come in below the expansion territory of 50. In June, the data came in at 49, suggesting that the US manufacturing industry remains in the zone of economic contraction. If the trend remains in place, the Fed could then get more encouraged to act and decide to cut interest rates again soon, which in turn, could put negative pressure on the US dollar, while silver prices could see some positive support.
SILVER, July 29, 2025.
Current Price: 38.10
|
SILVER |
Weekly |
|
Trend direction |
|
|
41.00 |
|
|
40.00 |
|
|
39.00 |
|
|
37.30 |
|
|
37.00 |
|
|
36.60 |
Example of calculation base on weekly trend direction for 1.00 Lot1
|
SILVER |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
29,000 |
19,000 |
9,000 |
-8,000 |
-11,000 |
-15,000 |
|
Profit or loss in €2 |
25,078 |
16,431 |
7,783 |
-6,918 |
-9,513 |
-12,972 |
|
Profit or loss in £2 |
21,743 |
14,246 |
6,748 |
-5,998 |
-8,247 |
-11,246 |
|
Profit or loss in C$2 |
39,877 |
26,126 |
12,376 |
-11,000 |
-15,126 |
-20,626 |
- 1.00 lot is equivalent of 10,000 units
- Calculations for exchange rate used as of 09 :00 (GMT+1) 29/07/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.