Silver Forecast: XAG/USD Breaks to 62.70 and Tests 62.28
Silver has shed four dollars from its 11 August peak and now sits on the slowest of its moving averages at 62.28 — the last support of the summer rally.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Verified market-moving events, primary-source facts, and practical cross-market context.
Silver has shed four dollars from its 11 August peak and now sits on the slowest of its moving averages at 62.28 — the last support of the summer rally.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Crude has rebuilt ten dollars from its 5 August low as inventories drain worldwide. The 85.10 high is the last barrier before the late-July range.
Saqib Iqbal • Aug 24, 2026 • 2 min read
DOT has bounced off 0.72900 while holders vote on capping supply at 2.1 billion and cutting inflation by 53.6%. The 0.75434 average decides the bounce.
Saqib Iqbal • Aug 24, 2026 • 2 min read
DOGE has coiled at 0.0700 after failing at 0.0730, with four averages inside a fifth of a cent. Spot fund flows have turned negative into the squeeze.
Saqib Iqbal • Aug 24, 2026 • 2 min read
ADA has fallen 17% from its 7 August high with every moving average now overhead. The roadmap is intact but the delivery dates are still ahead.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Netflix has clawed back most of its July earnings gap despite soft guidance and reduced viewing disclosure. The 80.92 average is the last barrier overhead.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Amazon has slipped from 288 to 259 even as AWS posted its fastest growth in 18 quarters. The 259.11 moving average is now the floor that really matters.
Saqib Iqbal • Aug 24, 2026 • 2 min read
The kiwi is compressed between 0.59250 and 0.58200 with its moving averages converging. The RBNZ's turn to hiking has not yet closed the carry gap.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Alphabet has given back the whole move from 382.50 despite Cloud revenue growing 82%. The 347 moving-average cluster is what separates pause from breakdown.
Saqib Iqbal • Aug 24, 2026 • 2 min read
The loonie has taken USD/CAD down more than 240 pips since late July. Firm crude and a steady Bank of Canada leave 1.38882 as the level to beat.
Saqib Iqbal • Aug 24, 2026 • 2 min read
The Aussie has stalled 60 pips below its 16 August high at 0.71250. With the RBA on hold at 4.35% and the Fed steady, 0.70487 is the level that matters.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Platinum trades at $1,804.60 after a fresh $1,822 high, with the WPIC deficit deepened to 297 koz and the $1,763 average now defending the breakout.
Saqib Iqbal • Aug 24, 2026 • 2 min read
EUR/JPY sits at 185.06 after recovering from the early-August slide, with the 184.12-184.63 moving-average band now the level that decides the next move.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Silver trades at $66.8855 after a sharp rebound from $63.30, caught between firm industrial metals demand and a Fed still unwilling to rule out tightening.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Avalanche trades at $6.7426 after a tokenised fund launch from a $613bn manager, with the compressed $6.44-$6.51 average band deciding the next move.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Brent Crude Oil trades at $92.00 as the IEA doubles its Q3 deficit estimate to 1.8 mb/d, leaving the $90.91 average as the level defending the recovery.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Chainlink trades at $10.4562 after Wyoming moved its state stablecoin onto CCIP, with the $9.81 fast average now the level that defends the August trend.
Saqib Iqbal • Aug 24, 2026 • 2 min read
TSLA trades at 351.12 after a 4.23% day, pressing into the 358.91 average that caps its rebound from the post-earnings low near 310 in early August.
Saqib Iqbal • Aug 24, 2026 • 2 min read
XRP trades at $1.0963 after spiking to $1.1375 from the $1.00 floor, with ETF inflows stalled and the $1.0515 average now the level that decides the move.
Saqib Iqbal • Aug 24, 2026 • 2 min read
AAPL trades at 316.83 after reclaiming its 315.85 moving average, with a record June quarter behind it and 320 the level that decides the recovery.
Saqib Iqbal • Aug 24, 2026 • 2 min read
MSFT trades at 484.31, resting on its fast moving average after Azure crossed $100bn in annual revenue, with 505 above and the 470 gap-fill zone below.
Saqib Iqbal • Aug 24, 2026 • 2 min read
USD/JPY holds 158.45 with hawkish Fed minutes meeting firming BoJ hike bets, leaving 159.55 as the level that decides whether 160.00 comes back into play.
Saqib Iqbal • Aug 24, 2026 • 2 min read
EUR/GBP holds 0.8578 after clearing its moving-average cluster, with matching 2.9% inflation prints on both sides and 0.8590 the ceiling still to beat.
Saqib Iqbal • Aug 24, 2026 • 2 min read
Sterling holds 216.91 against the yen as the 275bp Bank Rate premium meets renewed intervention risk, with 215.44 marking the line that decides the trend.
Saqib Iqbal • Aug 24, 2026 • 2 min read