FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
- XAG/USD is currently trading around $16.34 marks.
- It made intraday high at $16.40 and low at $16.31 levels.
- Intraday bias remains bearish till the time pair holds immediate resistance at $16.48 mark.
- A daily close above $16.37 will test key resistances at $16.48, $16.56, $16.72, $16.85, $16.96, $17.23 and $17.33 marks respectively.
- On the other side, a daily close below $16.37 will take the parity down towards key supports at $16.30, $16.25, $16.16, $16.10, $16.02 and $15.84 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- Later today U.S. will release ADP job data as well as prelim GDP data. It will provide further direction to the parity.
We prefer to take short position on XAG/USD around $16.35, stop loss $16.48 and target of $16.10.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
