USD/JPY is trading at 148.97, 0.19% down since previous day close. Early on Friday, the USD/JPY continues to decline below 149.00. Although the risk-on sentiment may weaken the safe-haven Japanese Yen and aid limit the pair’s downside, the contrasting BOJ-Fed policy forecasts still weigh on the pair. The pair is positioned marginally below the 50-day moving average, indicating a bearish trend, according to the daily chart analysis. The nearest resistance is at 149.47, while the closest support is at 147.03.

GER30 is trading at 18244, 0.19% up since previous day close. With growing confidence that the US economy will avoid going into recession, the DAX increased by 0.3% on Friday. This week’s positive US figures on retail sales, unemployment claims, and inflation have reassured investors that inflation is still under control without impeding GDP. According to daily chart analysis, today’s gap up opening points to a bullish trend. 18555 is the closest resistance, and 17879 is the closest support.

SILVER is trading at 28.20, 0.55% down since previous day close. A portion of the previous day’s strong advance up to the 28.50 level, or a nearly two-week high, is eroded when silver meets with modest supply on Friday. It is noteworthy that an increase in interest rates typically results in a decline in the demand and price of precious metals. Technically speaking, the pair’s position just below the 50-day moving average suggests a downward trend. 28.52 is the resistance level, and 27.46 is the nearest support.