Ichimoku analysis (4-hour chart)
Tenken-Sen- $26.78
Kijun-Sen- $26.98
Silver was trading flat ahead of the Fed monetary policy. It hit a low of $26.24 yesterday and is currently trading around $26.39.
Any hawkish rate pause by the Fed will drag silver prices lower. Markets eye the Fed dot plot for further movement.
Gold-silver ratio-
Gold/Silver ratio- 86.57. The ratio increased from 81.60 to 87.06, well above the historical average of 52. So silver will outperform gold. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$30
It trades below 21, 55- EMA, and above 200 EMA in the 4-hour chart. The near-term support is around $26.39 and a break below the target of $25.54/$25. On the higher side, immediate resistance is around $27.75, and any breach above targets is $28/$29.45/$30.
It is good to sell on rallies around $ 27.18-20 with SL around $28 for TP of $25.


FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major US Indices
FxWirePro- Major European Indices
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/CNY downside pressure builds, key support level In focus 



