Market Analysis
XAGUSD week ahead: silver holds gains, what to watch 2026-08-10
Silver closed last week at 63.516 after a sharp run higher, and this week is about whether that momentum holds against a stretched long position.
2 min readETHUSD trades at 1878.53 as of Wednesday's close, up about 75.5 points from Monday's open at 1802.99. The week so far has run hot and cold. The high sits at 1894.14, printed Tuesday, and the low is 1747.29 from Monday's early slide. That is a range of roughly 147 points across three sessions.
Monday opened soft and closed at 1773.33, well below where it started. Tuesday flipped the tone completely: price opened at 1773.31 and ran to 1888.35 by the close, a move of over 115 points in a single session. No calendar event in the bundle explains it. The macro backdrop stayed centred on rate policy, with PBOC fixing commentary and questions circling whether the next Bank of Japan hike depends on price rises sticking. Ether's bid ran independent of that, driven by risk appetite rather than a scheduled print.
The bundle carries no scheduled high-impact events for the back half of this week. That leaves price action itself as the driver into Thursday and Friday. Watch how ether behaves relative to the broader crypto complex. If Bitcoin extends its own bid, ether tends to follow, and Wednesday's tight range near the highs stays intact. If the wider complex rolls over, the 1861.11 floor from Wednesday becomes the first test.
As of Wednesday, 61.6 percent of positioning sits long and 38.4 percent short. That is a clear tilt toward the upside after Tuesday's recovery. Consensus midweek leans bullish, which cuts both ways: a crowded long book can accelerate a move higher, but it also leaves more fuel for a squeeze if the 1861 area gives out.
The fight is at 1878 and just above. Tuesday's high at 1894.14 caps the range, and the round 1900 level sits just beyond it. If price holds above 1861 and pushes through 1894, 1900 comes into view. If 1861 breaks, the gap back toward Tuesday's open near 1773 reopens. You can watch both levels in your platform and set alerts before you open an account with LHFX to trade the back half of the week.
Byline: LHFX Research
Risk disclaimer. CFD trading involves substantial risk and is not suitable for every investor. Leverage works both ways and can amplify losses beyond your initial deposit. The analysis above is general market commentary and does not constitute investment advice or a recommendation to buy or sell any instrument. LHFX is regulated by the FSC Mauritius and the FSCA in South Africa.
