- XAG/USD is currently trading around $16.83 marks.
- It made intraday high at $16.92 and low at $16.82 levels.
- Intraday bias remains neutral till the time pair holds key support at $16.74 mark.
- A daily close above $17.15 will test key resistances at $17.32, $17.40, $17.68, $17.87 and $18.02 marks respectively.
- On the other side, a daily close below $16.83 will take the parity down towards key supports at $16.74, $16.57, $16.40, $16.17 and $16.02 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on XAG/USD around $16.85, stop loss at $16.94 and target of $16.74/$16.57.


Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major Pair levels and bias summary
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 



