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Silver- Yet another important level broken

Similar to Gold, CPI also triggered a resistance break for Silver, unlike Gold though, yesterday XagUsd has broken also above another important level…
At this moment chart structure is very bullish and we could expect another rally to 26 recent high.
24.50 old resistance is now support and in this zone, traders should look for buying opportunities.

DXY- Where are USD bulls?

Two days ago, USD Index has broken under a very important level of support, both technical and psychological.
Things are looking extremely bearish for all USD pairs and DXY could fall further.
The next level of support now is around 97 and 100 is resistance.
In conclusion, dips for EurUsd, GbpUsd, AudUsd and NzdUsd should be bought

GbpAud- False break could lead to a drop

Last week, GbpAud broke above the 1.9170-1.9200 resistance zone and reached a high of 1.94.
However, the pair couldn’t hold gains and dropped again under this resistance.
Usually, false breaks lead to strong reversals and drop/rise to the next important level and, in this case, the next support at around 1.86.
That being said, traders should look to sell around 1.92, and considering a stop loss above the recent high, a 1:3 risk: reward could be achieved.