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| Global Interest Rates | |||
 Australia |
5.25% | ||
 Canada |
2.25% | ||
 EMU |
3.25% | ||
 Japan |
0.3% | ||
 Swiss |
1% | ||
 England |
3% | ||
 US |
1% | ||
Data by fxstreet.com
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Fundamentals
Fundamental analysis for precious metals silver - 10/8/2008
08 Oct, 2008 @ 08:51 am EST
Silver set the target successfully at 11.65 yesterday and today we can see its attempts to trade above it; if trading was valid above this level we will target higher at 11.90 and maybe extend it towards 12.35.
The trading range for today might extend among the resistance level at 12.35 and the support level at 11.00; while the general trend remains to the downside targeting 10.50 and 9.50 as long as 18.30 remains intact.
| Support | 11.40 | 11.20 | 11.00 | 10.90 | 10.80 |
| Resistance | 11.67 | 11.79 | 11.90 | 12.08 | 12.35 |
Recommendation | ... | ||||
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