- XAG/USD is currently trading around $15.92 marks.
- It made intraday high at $16.20 and low at $15.88 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $16.11 marks.
- A daily close below $15.95 will take the parity down towards key support at $15.72 marks.
- Alternatively, reversal from key support will take the parity higher towards key resistances at $16.05, $16.11, $16.25 and $16.45 marks respectively.
- Important to note here that in an hour chart, 20D, 30D and 55D EMA heads down and confirms bearish trend.
- Market movement will be range bound as US market will be closed in observance of Memorial Day.
We prefer to take short position in XAG/USD around $15.95, stop loss $16.11 and target $15.76 marks.


FxWirePro: GBP/NZD edges up, remains on front foot
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major European Indices
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 



