FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major European Indices 
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900 
FxWirePro:EUR/AUD eases but bullish outlook persists 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 
FxWirePro- Major US Indices 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
Ichimoku analysis (Weekly chart)
Tenken-Sen- $27.13
Kijun-Sen- $26.92
Silver continues to trade weak for the past three consecutive weeks and lost more than 7% on board-based US dollar buying. The commodity was one of the worst performers in past one month despite weak US bond yields. The US 10-year yield showed a sell-off of more than 35% in the past 3-1/2 months.
Markets eye US jobless claims and European Central Bank monetary policy for further direction.
Technically, silver's significant support is around $24.65 (55 W EMA), close below will drag the pair down to $23.78/$23. Significant bearishness happens if it breaks below $21.89.The near-term resistance is at $26.50, any surge past targets of $27/$28/$28.75 (May month high) high). Significant bullish continuation only if it breaks $30.
Indicator (Daily chart)
CAM indicator –Neutral
Directional movement index – Neutral
It is good to sell on rallies around $25.70-75 with SL around $26.75 for TP of $23.85/$21.90.
