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Silver Price Forecast: XAG/USD steadies near $74.00; ascending channel breakdown in play

Silver Price Forecast: XAG/USD steadies near $74.00; ascending channel breakdown in play
Date: 20.05.2026  |  Source: fxstreet.com
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Quotes

Instrument Price Change (%)
EURUSD 1.160400 -0.022401%
GBPUSD 1.340080 +0.048528%
USDJPY 158.867000 -0.10627%
XAUUSD 4467.000000 -0.33723%
USDCAD 1.375480 +0.079308%
NZDUSD 0.583610 -0.06846%
USDCHF 0.789400 +0.10652%
AUDUSD 0.710670 -0.058482%
EURGBP 0.865850 -0.030019%
EURJPY 184.347000 -0.15598%
GBPJPY 212.907000 -0.097131%
AUDJPY 112.905000 -0.12296%
CADJPY 115.505000 -0.18148%
CHFJPY 201.248000 -0.17955%
NZDJPY 92.717000 -0.11742%
GBPCHF 1.057810 +0.13632%
EURCHF 0.915970 +0.063361%
USDMXN 17.404300 +0.074639%
USDZAR 16.689390 -0.18188%
USDTRY 45.573000 -0.010751%
USDRUB 71.440000 +0.34455%
USDSEK 9.402670 +0.092193%
USDCNY 6.808800 -0.074847%

Upcoming Important Events

Time Country Event Forecast Previous
20.05.2026
06:00 🇬🇧 Inflation Rate YoY (Apr) 3 3.3
18:00 🇺🇸 FOMC Minutes
23:50 🇯🇵 Balance of Trade (Apr) -29.7 667
21.05.2026
07:30 🇩🇪 S&P Global Manufacturing PMI (May) 51 51.4
08:30 🇬🇧 S&P Global Manufacturing PMI (May) 53 53.7
08:30 🇬🇧 S&P Global Services PMI (May) 51.7 52.7
12:30 🇺🇸 Building Permits (Apr) 1.39 1.363
12:30 🇺🇸 Housing Starts (Apr) 1.41 1.502
23:30 🇯🇵 Inflation Rate YoY (Apr) 1.8 1.5
22.05.2026
06:00 🇩🇪 Consumer Confidence (Jun) -34 -33.3