-
- Trading Platforms
- PU Prime App
- PU Copy Trading
- PU Social
-
- Trading Conditions
- Account Types
- Spreads, Costs & Swaps
- Deposits & Withdrawals
- Fee & Charges
- Trading Hours
EN
Published: 7 April 2026,06:29
Chart The Market
XAGUSD, H4:
Silver continues to face strong resistance below the 74.05 level, with the metal trading flat beneath this threshold in recent sessions and now showing signs of retracing from this ceiling. The inability to gain traction above 74.05 reflects persistent selling pressure at higher levels, keeping the broader bearish structure intact.
The immediate focus is the support line at 71.05. A failure to sustain above this level would further justify the bearish bias, likely accelerating selling pressure toward the next downside targets near 69.50-70.00 and potentially the 67.00 region. The 71.05 level has served as a critical near-term floor, and a break below would confirm that sellers remain firmly in control.
Momentum indicators are signaling waning bullish momentum. The Relative Strength Index is hovering flat near the 50-midpoint, reflecting a lack of directional conviction, while the Moving Average Convergence Divergence is poised to cross below its zero line—a development that would provide technical confirmation that positive momentum is dissipating and bearish pressure is building.
Resistance Levels:76.60, 81.45
Support Levels: 71.05, 66.65
USDJPY, H4
The USDJPY pair continues to trade within a constructive higher-low price pattern, maintaining a bullish bias as it approaches the critical psychological resistance at the 160.00 mark. The pair has been grinding higher in recent sessions, with each pullback finding support at progressively higher levels, reinforcing the underlying upward momentum.
A sustained breakout above the 160.00 resistance zone would represent a significant bullish signal, likely triggering accelerated buying interest and opening a path toward the next upside targets near 162.00-163.00. The 160.00 level has historically served as a formidable psychological barrier, and a clean break above would mark a major technical achievement.
Momentum indicators have converged to a relatively neutral stance, reflecting the market’s indecision ahead of the key resistance test. The Relative Strength Index is climbing toward overbought territory, indicating building buying pressure but not yet at extreme levels that would signal exhaustion. The Moving Average Convergence Divergence is hovering near its zero line, with the histogram flat, suggesting an absence of dominant directional momentum as the pair coils for its next move.
Resistance Levels: 161.00, 163.35
Support Levels:159.40, 157.75
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!