FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro- Major European Indices 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro:EUR/AUD eases but bullish outlook persists 
Silver-
Ichimoku analysis (4- hour chart)
Tenken-Sen- $23.49
Kijun-Sen- $23.11
Silver breaks significant resistance at $23.60 after a long consolidation. The chance of a rate cut in June by the Fed has pushed prices of precious metals higher. It hit a high of $23.97 and is currently trading around $23.95.
Economic Indicator-
Mar 5th, 2024,US ISM services PMI (3 pm GMT)
Gold-silver ratio-
Gold/Silver ratio- 88.65. It indicates silver is at the oversold level and expected to outperform Gold. It is good to buy silver at lower levels compared to gold.
Major trend reversal level -$24.60.
It trades above 21, 55- EMA, and 200 EMA in the 4-hour chart. The near-term support is around $23.60 and a break below targets of $23.10/$22.75/$22.30. On the higher side, immediate resistance is around $24.20, any breach above targets $24.60/$25.
It is good to buy on dips around $23.50 with SL around $23 for TP of $25
