GBP/JPY is trading at 194.37, 0.35% down since previous day close. The GBP/JPY pair faced heavy selling after UK inflation data revealed a slowdown, with the CPI at its lowest since April 2021. This, coupled with expectations of a Bank of England rate cut, weakened the British Pound. Technically, GBP/JPY is trading within a rectangle pattern, signalling indecision. A break below the 200-day SMA is key for confirming further bearish momentum.

GER30 is trading at 19439, 0.22% down since previous day close. The GER30 (DAX) is trading near 19,411, down 0.27% today, with investors closely monitoring the ECB’s rate path and upcoming earnings season. Market sentiment remains cautious, but dips around the 19,300 support level are being viewed as potential buying opportunities. Recent rallies have pushed the index near its all-time high, though geopolitical tensions and fiscal uncertainty in Europe could add volatility. Technical indicators show a neutral outlook, signaling indecision on the next directional move.​

SILVER is trading at 31.85, 2.21% down since previous day close. Silver (XAG/USD) has been experiencing upward momentum, driven by weaker US economic data and a pullback in the US Dollar. Recently, silver prices have broken above key resistance at $28, marking an 11-year high. Technical analysis suggests the next significant resistance levels are at $32 and $35, while support holds at $28-$29. The bullish trend remains intact, but for a sustained breakout, silver will need to close above $32 on a monthly basis.