- XAG/USD is currently trading around $16.46 marks.
- It made intraday high at $16.54 and low at $16.44 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at $16.52 mark.
- A daily close above $16.52 will test key resistances at $16.67, $16.75, $16.82, $16.96, $17.08, $17.22, $17.40 and $17.52 marks respectively.
- On the other side, a daily close below $16.52 will take the parity down towards key supports at $16.40, $16.32, $16.18, $16.08, $15.90 and $15.68 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 long position in XAG/USD around $16.40, stop loss $16.28 and target of $16.75.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/ZAR extends decline, scope for further downside
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro- Major Crypto levels and bias summary 



