- XAG/USD is currently trading around $20.08 marks.
- It made intraday high at $20.29 and low at $20.00 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $20.32 levels.
- A daily close below $20.05 will take the parity down towards key supports at $19.88, $19.68, $19.46, $19.17, 19.12, $19.09, $18.87 and $18.68 marks respectively.
- On the other side, a daily close above $20.32 will test key resistances at $20.46/$20.67/$20.78/$21.09 and $21.46 marks respectively.
- Important to note here that in a daily chart 20D, 30D and 55D EMA heads up and confirms the bullish trend. Current downside movement is short term trend correction only.
We prefer to take short position in XAG/USD around $20.12 with stop loss at $20.32 and target of $19.88/19.68.


NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro-Major European Indices
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: EUR/NZD steadies ahead of ECB meeting 



