- XAG/USD is currently trading around $16.42 marks.
- It made intraday high at $16.46 and low at $16.25 levels.
- Intraday bias remains bullish till the time pair holds key support at $16.19 mark.
- A daily close above $16.30 will test key resistances at $16.49/$16.62/$16.86/$16.98/$17.24/$17.40/$17.47/$17.63/$17.72/$17.98/$18.22 marks respectively.
- On the other side, a daily close below $16.30 will take the parity down towards key supports at $16.19/$16.05/$15.85/$15.66 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- The key event for the day is NFP job data.
We prefer to go long on XAG/USD around $16.35 with stop loss at $16.19 and target of $16.86/$16.99.


FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 



