- XAG/USD is currently trading around $16.85 marks.
- It made intraday high at $17.05 and low at $16.81 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $17.22 mark.
- A daily close above $17.05 will test key resistances at $17.22/$17.36/$17.76 marks respectively.
- On the other side, a daily close below $17.05 will take the parity down towards key supports at $16.82/$16.68/$16.55/$16.42/$16.28/$16.10 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 go short on XAG/USD around $16.90 with stop loss at $17.05 and target of $16.68/$16.55.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary 



