Ichimoku analysis (Hourly chart)
Tenken-Sen- $27.22
Kijun-Sen- $26.75
As per our analysis, silver is trading higher and holding well above the short-term and long-term moving average. The sell-off in the US dollar is supporting precious metal at lower levels. DXY breaks significant support at 91, a dip till 90 is possible. Primary bearish continuation only below 90 levels. The intraday trend is bullish as long as support $27.20 holds.
Technically, silver's significant support is around $27.20, violation below will drag the pair down to $26.75/$26.30/$25.90. The near term resistance is at $28, any surge past targets $28.62/$29/$30 is possible.
It is good to buy on dips around $27.50-52 with SL around $27.20 for TP of $28/$28.62.


FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Woodies Pivot(Major)
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/CNY hits 15-month low , scope for further downside
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/CAD dips below lower range, bearish bias increases 



