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25.03.202519:07 Forex Analysis & Reviews: XAG/USD. Analysis and Forecast

Exchange Rates 25.03.2025 analysis

Today, silver is attracting new buyers following an indecisive flat close in the previous session, demonstrating steady intraday gains. The white metal is currently up 0.80% on the day, gradually extending its modest rebound from the nearly two-week low reached last week.

From a technical standpoint, the XAG/USD pair is showing resilience below the psychological $33.00 level. This level aligns with the 100-period Exponential Moving Average (EMA) on the 4-hour chart and should serve as a key pivot point. The 100-period Simple Moving Average (SMA) on the 4-hour chart lies just below and acts as primary support.

Exchange Rates 25.03.2025 analysis

As the oscillators on the daily chart remain in positive territory, the short-term bias continues to favor the bulls, supporting the outlook for further upside. Consequently, continued strength toward the $33.40 area — en route to the significant resistance near $33.60 — appears quite likely. A successful move above this level could open the door for a return to the psychological $34.00 mark and potentially a retest of the multi-month high at around $34.23, reached on March 18.

On the other hand, a decisive break below the $33.00 level could shift the short-term bias in favor of the bears. In that case, the XAG/USD pair could weaken toward last week's swing low near $32.65, followed by support at $32.40 and the psychological $32.00 level. Further weakness below the $31.80 mark (the March 11 low) could deepen bearish sentiment and lead to a test of the monthly low near $31.10.

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Irina Yanina,
Analytical expert of InstaSpot
© 2007-2025
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