- XAG/USD is currently trading around $14.04 marks.
- It made intraday high at $14.04 and low at $13.95 levels.
- Intraday bias remains neutral for the moment.
- A daily close above $13.97 will test key resistances at $14.22, $14.40, $14.57, $14.72, $14.78, $14.82, $14.98, $15.10, $15.32 and $15.47 marks respectively.
- On the other side, a daily close below $13.97 will take the parity down towards key supports at $13.90, $13.82, $13.68 and 13.51 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 $14.07, stop loss $14.22 and target of $13.82.


GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 



