Silver-
Ichimoku analysis (4-hour chart)
Tenken-Sen- $24.92
Kijun-Sen- $24.02
Candlestick pattern- Bearish Engulfing pattern
The silver lost its shine on the strong US dollar. It hit a low of $24.328 and is currently trading around $24.436.
Silver underperformed gold this year due to concerns about economic slowdown.
Gold-silver ratio-
Gold/Silver ratio- 88.37. It shows that one ounce of gold is equivalent to 89.225 ounces of silver. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$26
It trades below 21, 55- EMA, and above 200 EMA in the 4-hour chart. The near-term support is around $24.20 and a break below the targets of $24/$23.60/$23.25. On the higher side, immediate resistance is around $24.75, any breach above targets is $25/$25.70/ $26.20/$27.
It is good to sell on rallies around $25.15-20 SL around $25.75 for TP of $24.


EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Woodies pivot (Major)
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR retreats slightly but bias is bullish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks 



