- XAG/USD is currently trading around $16.37 marks.
- It made intraday high at $16.45 and low at $16.31 levels.
- Intraday bias remains neutral till the time pair holds key support at $16.27 mark.
- A daily close above $16.57 will test key resistances at $16.62, $16.80 and $16.97 marks respectively.
- On the other side, a daily close below $16.36 will take the parity down towards key supports at $16.27, $16.17, $16.02, $15.90, $15.70, $15.47 and $15.40 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take short position on XAG/USD around $16.40, stop loss at $16.52 and target of $16.17.


FxWirePro- Woodies pivot (Major)
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 



