FxWirePro- Major US Indices 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
FxWirePro- Woodies Pivot(Major) 
Ichimoku analysis (4-hour chart)
Tenken-Sen- $31.20
Kijun-Sen- $31.09
Silver showed a minor sell-off despite easing inflation. It hit a high of $31.75 and is currently trading around $30.75.
US CPI and core CPI both came in below market expectations. This has increased the chance of a rate cut by the Fed in Sep.
Major US economic data-
US PPI m/m (12:30 pm GMT)
Prelim UoM consumer sentiment (2 pm GMT)
Gold-silver ratio-
Gold/Silver ratio- 76.67. The gold-silver ratio showed a minor pullback as gold outperformed silver. The ratio is well above the historical average of 52. So silver will outperform gold in the long run. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$32.50
It trades above 21, 55- EMA, and 200 EMA in the 4-hour chart. The near-term support is around $30.30 and a break below the target of $29.80/$29. On the higher side, immediate resistance is around $31 and any breach above targets is $31.75/ $32/$32.50.
It is good to buy on dips around $30.60 with SL at around $29.80, and TP at $32.50.
