- XAG/USD is currently trading around $18.04 marks.
- It made intraday high at $18.07 and low at $17.95 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $18.08 mark.
- A daily close above $18.08 will test key resistances at $18.22, $18.32, $18.76, $19.07, $19.27, $19.76, $19.98, and $20.10 marks respectively.
- On the other side, a daily close below $17.94 will take the parity down towards key supports at $17.76, $17.60 and $17.40 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Later today U.S. will release retail sales data around 1230 GMT.
We prefer to take short position on XAG/USD around $18.06, stop loss at $18.12 and target of $17.94/$17.76.


FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 



