FxWirePro- Woodies Pivot(Major) 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Major US Indices 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
Ichimoku analysis (4-hour chart)
Tenken-Sen- $31.74
Kijun-Sen- $31.14
Silver held above $32 despite the strong US dollar. It hit a high of $32.30 at the time of writing and is currently trading around $32.03.
The surge in US treasury yields puts pressure on silver at higher levels. The conflict between Israel and Hamas prevents silver from further downfall.
Major economic data for the day
US Richmond Manufacturing Index (2 pm GMT)
Beige Book (6 pm GMT)
Gold-silver ratio-
Gold/Silver ratio- 73.45. The ratio decreased from 91.67 to 73.11, 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 -$32.50
It trades above 21 and above 55- EMA, and 200 EMA in the 4-hour chart. The near-term support is around $30 and a break below the target of $29.25/$28.48. On the higher side, immediate resistance is around $32.50 and any breach above targets is $33/$35.
It is good to buy on dips around $31.40 with SL around $30 for TP of $35.
