- XAG/USD is currently trading around $16.33 marks.
- It made intraday high at $16.46 and low at $16.31 levels.
- Intraday bias remains bearish till the time pair holds key support at $16.32 marks.
- A daily close below $16.32 will take the parity down towards key support at $16.11, $15.95, $15.88 and $15.62(20D EMA) marks respectively.
- Alternatively, a sustained break above $16.51 will take the parity higher towards key resistances at $16.63 and $16.90 marks respectively.
- Important to note here that in a daily chart, 20D, 30D and 55D EMA heads up and confirms bullish trend. Current downside movement is short term trend correction only.
We prefer to take short position in XAG/USD only below $16.31, stop loss $16.51 and target $16.11/ $15.95 marks.


Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Woodies Pivot(Major)
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD eases slightly but trend is still bullish
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Woodies Pivot(Major)
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
FxWirePro: GBP/NZD edges up, remains on front foot 



