- XAG/USD is currently trading around $16.94 marks.
- It made intraday high at $17.03 and low at $16.93 levels.
- Intraday bias remains neutral till the time pair moves in stiff boundaries from $17.10 to $16.90 mark.
- A daily close above $17.02 will test key resistances at $17.18, $17.32, $17.40, $17.68, $17.87 and $18.02 marks respectively.
- On the other side, a daily close below $16.90 will take the parity down towards key supports at $16.74, $16.57, $16.40, $16.17 and $16.02 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 take short position on XAG/USD around $16.95, stop loss at $17.05 and target of $16.86/$16.74.


FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro- Woodies pivot (Major)
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
FxWirePro- Major Pair levels and bias summary
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 



