- XAG/USD is currently trading around $16.87 marks.
- It made intraday high at $16.94 and low at $16.84 levels.
- Intraday bias remains neutral for the moment.
- A daily close above $17.22 will test key resistances at $17.37, $17.44, $17.49, $17.60, $17.82, $17.95, $18.12, $18.24, $18.39, $18.52 and $18.63 marks respectively.
- On the other side, a daily close below $16.92 will take the parity down towards key supports at $16.82, $16.70, $16.52, $16.40, $16.21 and $16.10 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 only above $16.95, stop loss $16.80 and target of $17.22/$17.37.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
FxWirePro: NZD/USD retreats as Middle East instability weighs
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Major Pair levels and bias summary 



