- XAG/USD is currently trading around $16.71 marks.
- It made intraday high at $16.72 and low at $16.63 levels.
- Intraday bias remains bullish till the time pair holds key support at $16.48 mark.
- A daily close above $16.67 will test key resistances at $16.82, $16.96, $17.08, $17.22, $17.40 and $17.52 marks respectively.
- On the other side, a daily close below $16.67 will take the parity down towards key supports at $16.42, $16.22, $16.08, $15.90 and $15.68 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 long position in XAG/USD around $16.70, stop loss $16.62 and target of $16.96/$17.08.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro- Major Crypto levels and bias summary 



