EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level 
FxWirePro: GBP/USD recovers some ground but bears are not done yet 
FxWirePro: USD/JPY edges higher but bulls lack punch 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro- Major Pair levels and bias summary 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY bears maintain upper hand 
Ichimoku analysis (4- hour chart)
Tenken-Sen- $23.90
Kijun-Sen- $23.27
Silver retested its level of $23.60 and bounced sharply from the level on the weak US dollar. Dovish comments from the Fed Chairman supporting precious metals at lower levels. It hit a high of $24.30 and is currently trading around $24.14.
US private employment rose 14000 in Feb, compared to a forecast of 150000.
Economic Indicator-
Mar 7th, 2024, US initial jobless claims (1:30 pm GMT)
ECB main refinancing rate (1:15 pm GMT)
Gold-silver ratio-
Gold/Silver ratio- 89.30. It shows that one ounce of gold is equivalent to 89.30 ounces of silver. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$24.60.
It trades above 21, 55- EMA, and 200 EMA in the 4-hour chart. The near-term support is around $23.60 and a break below targets of $23.10/$22.75/$22.30. On the higher side, immediate resistance is around $24.30, any breach above targets $24.60/$25.
It is good to buy on dips around $23.60 with SL around $23 for TP of $25
