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FxGrow Daily Technical Analysis – 21st Oct, 2016 By FxGrow Research & Analysis Team USD/CAD RALLIED ON STRONGER DOLLAR INDEX, AWAITING CORE CPI The USD/CAD digested Wednesday's gains first as response to negative trade and commerce data held by Mr. Poloz, second by positive U.S data yesterday on Philly index. The greenback surged yesterday to 98.50, causing the USD/CAD to rally from 1.3006 ( Wednesday low), to 1.3257 (251 pip) . Although the crude oil is still above 50 handle, it was not enough for the US Dollar to loosen it's grip on it's neighbor Canadian Dollar, currently trading at 1.3257 intraday, closing to last week highs. Today, Canadian Dollar awaits the Core retail sales which will determine if the U.S Dollar continues it's domination or give some chance for Canadian Dollar to breathe. Trend: bullish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 19th Oct, 2016 By FxGrow Research & Analysis Team WTI OIL TURNED HAWKISH, AWAITING US CRUDE OIL INVENTORIES REPORT The option of inviting the US into Opec's cartel is now on the table as OPEC secretary Barkindo whispered to reporters on Tuesday in London. US could be invited to OPEC next meeting in Vienna but only after US presidential election on Nov 8. OPEC members are expected to limit production range between 32.5 or 33 million However, US already clarified loud and clear that they are subject to any oil quotas. The latest reports from Saudi shows that its exports fell in Aug according to Reuters inventory data. In a separate news piece, Saudi’s state owned company, Aramco is said to boost crude supplies to China in September. Meanwhile, both crude benchmarks trade with size-able gains amid reports of falling exports from Iran as well as from Saudi. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 18th Oct, 2016 By FxGrow Research & Analysis Team NZDUSD RALLIES ON STRONGER THAN EXPECTED CPI DATA NZD/USD extended contentious bullish H4 candle charts, rallying from 0.7128 (low), touching 0.7198 high as the CPI rose 0.2% in the third quarter.The Kiwi is expected to continue surging as good data lowered the RBNZ rate cut decision. Currently NZD/USD trading 0.7196, closing to the first resistance 0.7200 handle. Add to that, the New Zealand government bond yields also rose on positive data which drove the NZD/USD to peek. Trend : bullish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 18th Oct, 2016 By FxGrow Research & Analysis Team The British POUND HELD ABOVE 1.22 HANDLE, AWAITING CPI Data GBP/USD rose 97 pips in early morning trading sessions. The sterling received a push yesterday after disappointing manufacturing index -6.8 and industrial production 0.1% not meeting expectations 0.3%. The U.S Dollar index also tumbled -0.15% in in Asian sessions 97.76%. As a result, U.S Dollar lost it's pace, and British Pound gained some profits as Prime Minister Theresa May is prepared to listen to top ministers opinion for leaving EU, GBP/USD clocked a high 1.2273, currently trading at 1.2230, above daily Pp, but leaving the EU single market will be harsh on sterling thus remaining under pressure. GBP/USD awaits today British Core CPI which will set the on-going trend knowing that good CPI data will encourage the BOE to take more actions. Trend : bearish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 17th Oct, 2016 By FxGrow Research & Analysis Team AUD/USD dropped ahead of RBA meeting AUD/USD opened with 0.7621 high, then retreated to 0.7581 ( today's low). AUD/USD made a correction, then started a bullish trend at 9 AM GMT, re-bounced to 0.7616, currently trading at 0.7610 after the RBA released its October financial stability review. However, the AUDUSD remained under pressure as the local housing supply is causing risk and ahead of RBA's latest monetary policy meeting minutes during early Asian session on Tuesday expecting to stay on the wait and see approach. Trend:l bullish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 14th Oct, 2016 By FxGrow Research & Analysis Team GOLD STANDS IMMUNE ABOVE 1250, EYES ON TODAY'S U.S DATA Gold prices held steady on Friday after it touched 1262.34 high as investors remained cautious ahead of U.S retail sales and consumer sentiment data in addition to Federal Reserve Chair Janet Yellen speech due later in the day. Strong U.S. dollar weighed on the precious metal especially after increased probability of a Fed rate hike in December knowing that the safe haven metal is highly sensitive to interest rate decisions. Gold collapsed on Friday's early trading sessions clocking a low 1254.64 as the greenback remains solid, currently trading at 1255.84 intraday. Today, all eyes are focused on U.S financial data, later on Yellen's speech, where we'll either witness gold going back to Sep and Aug highs, or price will tumble way below depending on the outcome. Trend: Neural bearish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 14th Oct, 2016 By FxGrow Research & Analysis Team EUR/USD SINKS TO 8 WEEKS LOW, AWAITING U.S DATA, LATER ON YELLEN EUR/USD dropped yesterday to 1.0985 low reaching it's lowest price since July. The U.S dollar still keeps a tight fist facing major currencies, the US dollar index jumped +0.28% to fresh session highs of 97.82, heading back towards fresh seven-month highs of 98.12 reached a day before as the latest FOMC meeting released encouraged a Fed rate hike in December. The pair made a re-bounce to 1.1058 (today's high) but then digested yesterday's gains in Asian trading sessions -0.28% ahead of Yellen speech. Currently trading at 1.1024, still a bit below the daily pivot. The EURO is in desperate need for negative reports in the U.S financial market to make a correction to it's usual position and today, we may witness this scenario due to crucial U.S news and Yellen speech. The greenback picked-up significant strength facing its major rivals, mainly driven by a sharp rally in the US treasury yields, which suggest that a Fed rate hike in Dec is almost confirmed. Trend: bearish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 13th Oct, 2016 By FxGrow Research & Analysis Team JAPANESE YEN STRENGTHEN AFTER DISAPPOINTING CHINESE DATA USD/JPY dropped 90 pips on early morning trading sessions in response to negative Chinese trading balance.The worse-than expected Chinese trade figures spooked markets, and weighed heavily on the risk-associated space, causing a drop in equities and US bond yields thus surging the Japanese Yen higher. The Nikkei 225 index erased gains and now drops -0.30% to trade around 16,790 levels. Exports in September dropped 10% in dollar terms and imports fell 1.9 percent, with a trade surplus of $41.99 billion. Add to that a 0.2% increase in Japanese banking loads bolstered the safe haven Yen against U.S Dollar. USD/JPY opened at 104.63 (10 weeks high) and due to the above financial reports catalysts, the pair scored 103.55 lows (-113 pip). USD/JPY made a tiny re-bounce currently trading 103.75 intraday, still managed to stay below daily Pivot 103.98. Trend: Neutral bullish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 12th Oct, 2016 By FxGrow Research & Analysis Team The British pound rose after Theresa May’s agreement The GBPUSD surged this morning as the British Prime Minister May offers to make investigations as the market fears a hard BREXIT phenomena. The GBPUSD rose mainly 2% to touch 1.2325 high but might follow a decline as negotiations shifts advantage toward the European Union knowing that May accepted to vote for the separation from the EU. Thus the GBPUSD might expand its bearish move toward 1.2022 and 1.1950 once it breaks the strong point 1.2075. However, hard BREXIT risk might have receded as most parliament members see an EU friendly image and the GBPUSD needs to break the minor resistance point 1.2365 in order to pave its way toward next resistance levels 1.2405 and 1.2475. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 11th Oct, 2016 By FxGrow Research & Analysis Team AUD/USD DROPS IN RESPONSE TO NEGATIVE AUD HOUSING LOANS AUD/USD dropped from 0.7609 (today's high) reaching the bottom of 0.7543 ( today's low) on Asian opening trading sessions in response to -3% home loans that fell 3% in Aug, weaker than consensus (-1.5%), closer to TD’s estimate of –2.5% and July’s drop of –4.2% was revised to –4.5%. This was the largest back-to-back decline in 5 years. Although business confidence came positive but it was not enough to balance the equation. add to that the third American presidential debate gave positive shock to the U.S Dollar facing the Aussie. Trend : bearish. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 10th Oct, 2016 By FxGrow Research & Analysis Team MEXICAN PESOS STRENGTHEN AS CLINTON TRUMP DEBATE ENDS USD/MXN opened with -3% gap difference between Friday's closing 19.30 and Monday opening 18.98 trading sessions. The Mexican Pesos ended a four weeks high against the U.S Dollar after Clinton V.S trump debate ended sending the USD/MXN below 19 handle. U.S polls survey ended declaring Clinton's win after Trump vulgar comments about the women thus the USD/MXN slumps and currently trading at 18.94. Trend: bearish. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 10th Oct, 2016 By FxGrow Research & Analysis Team THE EUR/USD REMAINS TRADING IT'S WIDER RANGE AS BREXIT FEARS VANQUISH , EYES ON GERMAN ZEW TOMORROW The EUR/USD tumbled on 3rd of Aug after good performance on previous sessions dropping from 1.1250 the highest level since October 3 to 1.1104. The greenback has received major positive shock waves starting by Monday, and extended till Thursday leaving the EUR in awkward situation as U.S dollar index kept rising. Even though the EUR received some positive news like German and French industrial production, the EUR/USD couldn't find salvation and kept swinging into downward supports. disappointing US NFP data on Friday 7th pushed the EUR/USD higher given that US interest rate hike speculations faded. As a result, the EUR/USD took a hike rising from 1.1104 to 1.1205 (+101 pip). For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 07th Oct, 2016 By FxGrow Research & Analysis Team U.S DOLLAR EXTENDS MARKET DOMINATION STILL, SENDING USD/CAD TO 1.3252 HIGH The greenback keeps a tight fist on the Canadian dollar for the 7th consecutive day pushing USD/CAD close to a new high since 24th march. USD/CAD opened in Asian session with a continuous bullish rise rallying from 1.3213 to 1.3263 high . Weak Crude oil inventories was not enough to interfere in USD/CAD bullish trend given that local Canadian economic data beats expectations. Right now, USD/CAD is trading at 1.3256 intraday and all eyes today first on Canadian Employment change and Unemployment rate, next U.S NFP and unemployment rate. This will create a battle between U.S and Canadian Dollar to decide which trend will take on. Trend: Bullish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

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FxGrow Daily Technical Analysis – 06th Oct, 2016 By FxGrow Research & Analysis Team SILVER REMAINS BEARISH AFTER TUESDAY'S EXTENDED SELLOFF XAGUSD started a dramatic bearish trend on Monday 3rd of Oct dropping from 19.31 (high) to 18.71 (low). Silver continued its bearish trend the following days hitting bottom 17.54, lowest since 28th Jun. The major drop is justified to positive news on U.S financial market starting by Monday. In addition to the increased expectations of a Fed rate hike by the end of the year given strong U.S economic projections. U.S dollar has been moving very strong against the metals awaiting further data to be released. Currently, silver is nearly unchanged at 17.70 an ounce. To summarize silver performance during this week, the shiny metal dropped this week from 19.31 clocking 17.54 lows (177pips). Tomorrow major news on U.S Dollar will give a wider image whether XAGUSD will continue diving or makes a correction and re-bounces. Trend: Bearish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 06th Oct, 2016 By FxGrow Research & Analysis Team EUR/USD SLIDES BELOW 1.1200, AWAITING TENTATIVE ECB EUR/USD dropped yesterday from 1.1233 clocking a low 1.1189 after receiving a positive news on the U.S Dollar. Traders were awaiting the German factory orders at 7 AM GMT this morning which came disappointing. As a result, the EURO continues to suffer facing the greenback. EUR/USD still has a chance to redeem itself as financial analysts awaits the ECB meetings results as they hints for rising Euro-zone government bond, and later on U.S payroll data due on Friday. These two reports will give a better picture on how the trend of the EUR/USD will move, also because there are crucial news on the U.S market. Trend: Bearish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 05th Oct, 2016 By FxGrow Research & Analysis Team USD/CAD ROSE IN RESPONSE TO STRONG U.S DOLLAR USD/CAD began a bullish trend yesterday rising from 1.3110 (low) reaching a high of 1.3215. Confidence in the U.S Dollar was restored yesterday as US data upbeat expectations. As a result, the U.S dollar was moving very strong facing pairs and commodities. Add to that, outlook signs suggest that the Federal Reserve might be closer to raising interest rates sooner than later. Today's crude oil inventories and Canadian trade balance will either restore some dignity to the Canadian Dollar or the USD/CAD will continue its bullish trend. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 04th Oct, 2016 By FxGrow Research & Analysis Team GBP/USD CONTINUES IT'S BEARISH MOMENTUM HEADING TO 30 YEARS LOW, AWAITING UK PMI The GBP/USD kept dropping as Asian session opened hitting a low 1.2816 inching to 3 decades lows under 1.28. Yesterday, in respond to positive news in the U.S market, the greenback strengthen facing British Pound. Markets now await the UK construction PMI data, which may offer some respite to the GBP highs, while a test of post-Brexit lows is inevitable as investors continue to fret over the Brexit process. Trend: bearish For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 3rd Oct, 2016 By FxGrow Research & Analysis Team THE EUR EDGED UP AS DEUTSCHE BANK WORRIES WERE EASED EUR/USD makes a correction atfter a dramatic drop that we witnessed last week, sideline next to Daily Pivot at 1.1235. EUR/USD dropped to it's lowest price 1.1153 since 22th of Sep but failed to break 1.1150 barrier as it was expected, then it started a bullish trend rallying to a high 1.1241 on Friday. Right now the EUR is moving a stronger than U.S dollar. key levels to watch: trading at the daily pivot 1.1235 For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 30th Sept, 2016 By FxGrow Research & Analysis Team BRITISH POUND STILL MORVING STRONGER THAN U.S DOLLAR, AHEAD OF CURRENT ACCOUNT REPORT GBP/USD is still moving bullish since 16th Sep, dropping from 1.3247 30th Sep low to 1.2944. Right now, GBP is trading at 1.2954 closing to first support gate S1 1.2945 and expected to keep dropping as charts and numbers show. With daily pivot 1.2993, next to first resistance, it gives a picture of how significant the British pound has been moving facing the U.S Dollar. Trend: bearish is the most likable trend, but an opposite shift cannot be excluded due to crucial news at 9:30 AM on GDP current account. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 29th Sept, 2016 By FxGrow Research & Analysis Team THE CANADIAN DOLLAR HIKED AS OPEC REACHED AN AGREEMENT The Canadian Dollar received a positive shock yesterday as OPEC reached an agreement and traders reacted with confidence with strong demand on the Canadian Dollar. USD/CAD dropped from 1.3269 scoring a record low since 26th Sep 1.3046. USD/CAD intraday 1.3093, still below it's daily pivot 1.3141 which indicates a bearish continuous trend for the coming hours and Canadian Dollar moving strengthen against U.S Dollar. USD/CAD trading price will be more clear today after U.S releases it's final GDP q/q and Unemployment Claims at 1:30 PM GMT and the full picture tomorrow as Canadian GDP m/m will be published at also at 1:30 PM GMT 30 Sep. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 29th Sept, 2016 By FxGrow Research & Analysis Team GBP/USD OPENED WITH BULLISH TREND THEN SLIDES FROM 1.3060 REGION , DIGESTING NIGHT'S GAIN The GBP/USD opened with a bullish trend rallying from 1.3012 and clocking a high 1.3058 but failed to hold the strong positions dropping to 1.3018 intraday, still above daily pivot 1.3010 which indicates an increase on GBPUSD. key levels to watch: D1 PP 1.3010, first resistance R1 1.3032, R2 1.3064, R3 1.3094, R4 1.3119 For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 28th Sept, 2016 By FxGrow Research & Analysis Team USD/JPY ACTING BULLISH AHEAD OF YELLEN, LATER ON BOJ Some may wonder what the heck happened at 1 AM GMT on the 27th Sep causing the Yen move weaker than the U.S dollar! It's a simple explanation, lets go back to the timing and significant event was held. Clinton V.S Trump debate which lasted 90 minutes. At this time, European and U.S markets were closed, and Tokyo session has just opened which means more trading on USD/YEN and less on others. Yen is more volatile than most other currencies due to the heavy competition between the most powerful financial poles in the world. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 28th Sept, 2016 By FxGrow Research & Analysis Team CRUDE OIL WATCH LIST, EYES ON ALGIERS OPEC TODAY'S MEETING, EXPECTATIONS AND FACTS The long anticipated OPEC meeting will take place today Wednesday 28th Sep at 3:30 PM GMT, all eyes on crude oil inventories reports. Statistics indicates 90% that the meeting will not result in an agreement on price targets agenda until next OPEC's next meeting. Iranian and Libyan rising the supplies will glut and leave the market vulnerable to significant drops. The conflict between Iran and Saudi Arabia still exist, but the Saudi's gave hints that they are open to further discussions regarding Iranian oil production, but most probably not in today's meeting. Moreover Iran rejected to limit its output in exchange of Saudi cutting supply. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.

FxGrow Daily Technical Analysis – 27th Sept, 2016 By FxGrow Research & Analysis Team METALS (XAGUSD) V.S U.S DOLLAR, SILVER SUCCESSES GAURDING THE 19 ZONE SINCE 20TH OF SEP XAGUSD was moving strong facing the U.S Dollar last week after the disappointing FOMC report and analysis expectation. Silver clocked a high on 20.068 on 22th of Sep but failed to hold strong positions, it dropped later on the following days trading now 19.50 below its daily pivot point 19.61. What to expect from Silver today and coming days ? Charts and numbers suggests a neutral bearish trend, trading between second support 19.40 and first resistance 19.57. Right now, traders are the key player in terms of price. Any significant change or major drop or rise should be entitled to Wednesday 28th Sep and Thursday 29th Sep press release on the U.S economy causing the U.S dollar to move strong facing metals and currencies. For more in depth Research & Analysis please visit FxGrow. Note: This analysis is intended to provide general information and does not constitute the provision of INVESTMENT ADVICE. Investors should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend investors obtain investment advice specific to their situation before making any financial investment decision.