- XAG/USD is currently trading around $16.70 marks.
- It made intraday high at $16.71 and low at $16.66 levels.
- Intraday bias remains neutral till the time pair holds key resistance at $16.72 mark.
- A daily close above $16.70 will test key resistances at $16.96, $17.23, $17.33, $17.40, $17.52 and $17.68 marks respectively.
- On the other side, a daily close below $16.70 will take the parity down towards key supports at $16.58, $16.40, $16.28 and $16.16 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in XAG/USD only above $16.72, stop loss $16.64 and target of $17.02/$17.23.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Woodies Pivot(Major)
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD dips lower on negative UK retail sales data
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major European Indices
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



