Ichimoku analysis (4 Hour chart)
Tenken-Sen- $26.84
Kijun-Sen- $27.32
Silver has taken support near 200-4H MA and recovered more than $1.50 on US dollar weakness. The precious metal has shown a massive ride in past months and surged more than 25%. DXY is trading below 91 levels, a dip till 90.35/90. The overall trend is bullish as long as support $25.90 holds.
Technically, silver's significant support is at $26 and violation below will drag the pair down to $25.48/$25/$24.05. The near term resistance is at $27.60, any surge past targets $28/$28.62/$29 is possible.
It is good to buy on dips around $26.95-27 with SL around $26 for TP of $29/$30


FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro- Major Pair levels and bias summary
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary 



