JPY Major Currency Score: All Currencies Extremely Bearish 
FxWirePro- Woodies Pivot (Major) 
Major Pair Currency Score: EURUSD Extremely Bullish, AUDUSD Bullish, USDCAD Extremely Bearish 
FxWirePro: USD/CAD extends decline, vulnerable to more downside 
FxWirePro: EUR/NZD advances ahead of ECB meeting and US inflation data 
FxWirePro: USD/JPY hovers near 7-month low, Outlook strongly bearish 
Major Pair Currency Score: USDCAD Extremely Bearish, NZDUSD Bearish, EURUSD, GBPUSD, AUDUSD Bullish 
FxWirePro: GBP/USD gains some ground but bulls lack punch 
FxWirePro: AUD/USD remains bid despite Middle East conflict 
FxWirePro: GBP/AUD hovered near three month low , Outlook bearish 
FxWirePro: USD/ZAR recovers slightly but bears are not done yet 
AUDJPY Trades Flat After Yen Strength; Bearish Outlook Suggests Selling Rallies 
FxWirePro: USD/CAD gains some upside momentum but still bearish 
EUR/JPY Bearish Bias Persists: Strategic Sell-on-Rally Setup Near 179.30 Target 
FxWirePro: USD/CNY extends fall as yuan firms on exports, inflation data 
FxWirePro: GBP/USD edges lower amid geopolitical tensions and inflation fears 
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Silver lost its shine after rate hike by the ECB. After hitting an intraday low of $64.06, it’s currently hovering near $64.10.
|
Technicals |
CMP -$63.87 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$66.57 |
CMP < 55 EMA |
Bearish |
|
200- EMA |
$66.36 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$66.07 |
CMP <365 EMA |
Bearish |
Major support- $63.70. Any violation below targets $63/$62.40/$60.95/$60.Near-term resistance - $65/$65.45/$66.560/$68.20.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-106.60 |
|
ADX |
Bearish |
Strength increased from 17.36 to 18.32 |
It is good to sell on rallies around $64.48-50 with SL around $66 for a TP of $60.
