FxWirePro- Woodies Pivot(Major) 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
Ichimoku analysis (Daily chart)
Tenken-Sen- $23.01
Kijun-Sen- $22.43
Silver trades weak for the past two consecutive days on surging US Treasury yields. The Fed meeting minutes signaled for an earlier rate hike as expected. The tightening of monetary policy by major central banks puts pressure on precious metals. It hits a low of $21.42 and is currently trading around $21.618.
The number of people who have filed for unemployment benefits rose by 7000 to 207000 previous week compared to a forecast of 200K. The US ISM services have fallen to 62 in Dec vs 66.90.
Technically, silver is trading slightly below 21 and 55- day EMA, this confirms major bearishness. A dip to $21.42/$20.89/$20 is possible. The near-term resistance is at $22.63, with surge targets of $$23/$23.25. Significant bullish continuation only if it breaks $23.50.
Indicator (Daily chart)
CCI (50) –Bearish
Directional movement index – Neutral
It is good to sell on rallies around $22.55-60 with SL around $23.30 for TP of $20.
