- XAG/USD is currently trading around $17.75 marks.
- It made intraday high at $17.80 and low at $17.70 levels.
- Intraday bias remains neutral till the time pair holds key resistance at $17.75 mark.
- A daily close above $17.75 will test key resistances at $17.85/$17.99/$18.12/$18.26/$18.47 marks respectively.
- On the other side, a daily close below $17.75 will take the parity down towards key supports at $17.61/$17.44/$17.38/$17.22/$17.06/$16.99/$16.85/$16.70 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to go short on XAG/USD around $17.76 with stop loss at $17.84 and target of $17.54.


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro- Major Crypto levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR edges higher but bearish outlook persists
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 



