FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
Silver showed a minor pullback after a massive sell-off. It hit a high of $28.43 at the time of writing and is currently trading around $
China’s Caixin services PMI slowed down to 51.60 in Aug compared to a forecast of 52.20.
Gold-silver ratio-
Gold/Silver ratio-88.04. The gold-silver ratio showed a minor jump from 83.69 to 89.26 as gold outperformed silver. The ratio is well above the historical average of 52. So silver will outperform gold in the long run. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$30.25
It trades above 21, above the 55- EMA, and below 200 EMA in the hourly chart. The near-term support is around $27.70 and a break below the target of $27.15/$26.50. On the higher side, immediate resistance is around $28.85 and any breach above targets is $29.25$30.90/$31.75/ $32/$32.50.
It is good to buy on dips around $28.40-42 with SL around $27.70 for a TP at $29.60.
