- XAG/USD is currently trading around $18.00 marks.
- It made intraday high at $18.07 and low at $17.94 levels.
- Intraday bias remains bullish till the time pair holds key support at $17.70 mark.
- A daily close above $18.02 will test key resistances at $18.17, $18.45, $18.76, $19.07 and $19.27 marks respectively.
- On the other side, a daily close below $17.78 will take the parity down towards key supports at $17.47, $17.17, $16.97, $16.72, $16.40 and $16.17 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position on XAG/USD around $17.95, stop loss at $17.72 and target of $18.17/$18.45.


FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: AUD/ USD strongly bearish despite upside attempts
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro- Woodies pivot (Major)
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: USD/ZAR bears maintain upper hand
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro- Woodies pivot (Major) 



