Technicals

Add as a preferred source on Google

FxWirePro: Prefer to go long on XAG/USD around $17.58 with stop loss at 17.29 and target of $17.99

XAG/USD is currently trading around $17.59 marks. It made intraday high at $17.65 and low at $17.57 levels. Intraday bias remains bullish till the time pair holds immediate support at $17.38 marks. A daily close above $1…

1 min read
FxWirePro: Prefer to go long on XAG/USD around $17.58 with stop loss at 17.29 and target of $17.99
Image from the original EconoTimes article

Read the original article

  • XAG/USD is currently trading around $17.59 marks.
     
  • It made intraday high at $17.65 and low at $17.57 levels.
     
  • Intraday bias remains bullish till the time pair holds immediate support at $17.38 marks. 
     
  • A daily close above $17.65 will test key resistances at $17.82/$17.99/$18.22/$18.56/$18.68/$18.88/$19.25 marks respectively.
     
  • Alternatively, a daily close below $17.38 will take the parity down towards key supports at $17.26/$17.09/$16.92/$16.33/$15.93 marks respectively.


We prefer to go long on XAG/USD around $17.58 with stop loss at $17.29 and target of $17.72/$17.99/$18.22.

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560