FxAnalysis

Silver continues to be very noisy on Thursday, as traders continue to see the 50-day EMA indicator, and more importantly, the $80 level.

GBP/JPY is stuck in a volatile range around 210, with 208 as downside support and 212 as the key breakout level for a move toward 215.

AUD/USD remains volatile, with the 0.69–0.6930 zone acting as key support and 0.7150 the next upside target if buyers regain control.

USD/JPY recovered strongly after Thursday’s dip, with 156 as near-term support and 158–160 as the key resistance zone for the next upside move.

The euro remains under pressure against the US dollar, with the 1.15–1.16 area acting as key support and a break below it potentially opening a deeper move toward 1.11.

The British pound slid against the US dollar on Thursday, with 1.3250 acting as crucial support and a breakdown there potentially opening the door to 1.30.