FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
FxWirePro: EUR/ NZD stuck in range but outlook is bearish 
FxWirePro- Major Pair levels and bias summary 
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
FxWirePro: NZD/USD hovers near one-week low, outlook bearish 
FxWirePro: USD/JPY nears 160 as intervention risk intensifies 
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD edges higher but outlook is bearish 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
Ichimoku analysis (Weekly chart)
Tenken-Sen- $27.13
Kijun-Sen- $26.92
Silver continues to trade weak for the past three consecutive weeks and lost more than 7% on board-based US dollar buying. The commodity was one of the worst performers in past one month despite weak US bond yields. The US 10-year yield showed a sell-off of more than 35% in the past 3-1/2 months.
Markets eye US jobless claims and European Central Bank monetary policy for further direction.
Technically, silver's significant support is around $24.65 (55 W EMA), close below will drag the pair down to $23.78/$23. Significant bearishness happens if it breaks below $21.89.The near-term resistance is at $26.50, any surge past targets of $27/$28/$28.75 (May month high) high). Significant bullish continuation only if it breaks $30.
Indicator (Daily chart)
CAM indicator –Neutral
Directional movement index – Neutral
It is good to sell on rallies around $25.70-75 with SL around $26.75 for TP of $23.85/$21.90.
