FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro: NZD/USD turns lower as USD regains footing 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00 
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
- XAG/USD is currently trading around $14.74 marks.
- It made intraday high at $14.79 and low at $14.65 levels.
- Intraday bias remains neutral till the time pair holds key resistance at $14.82 marks.
- A daily close above $14.77 will test key resistances at $14.82, $15.10, $15.32 and $15.47 marks respectively.
- On the other side, a daily close below $14.77 will take the parity down towards key supports at $14.57, $14.34, $14.12, 13.99 and 13.62 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Curent upside movement is short term trend correction only.
We prefer to take long position on XAG/USD only above $14.82, stop loss $14.62 and target of $15.10.
