Search results for DXY
Finance
Silver price rebounds on weaker dollar, market eyes $84
Silver has rebounded 33 percent over the past three weeks, but an analysis says a shift in trend depends on breaking above $84.29. Silver has risen 7.2 percent in the past week and trades around $79.50 an ounce. A weaker dollar and softer inflation expectations helped support the move, while options indicators suggest fewer bearish bets and elevated volatility. Failure to clear $84 could keep prices rangebound.
Finance
Silver seen at $100; options turn bullish, futures market still cautious
Silver is entering a technical breakout zone around $77 an ounce, raising the possibility of a triple-digit price. An analysis cited by BeInCrypto pointed to a cup pattern on the 12-hour chart and potential upside. The move is linked to a post-ceasefire drop in oil and a weaker dollar index. Options indicators show stronger call buying, while futures spreads remain in contango, suggesting limited urgency for physical delivery.
Industry
Silver recovers from 2026 low, but warning of additional 36 percent drop in April
Silver has rebounded about 18 percent from its 2026 low and is trading above $72, but the possibility of a further drop of up to 36 percent in April has been raised. BeInCrypto said short-term buy signals have increased, while the daily chart still shows a bear flag pattern. It cited divergence signals, futures positioning and a narrowing contango. A key pivot was put at $74, with risks rising below $68.
