- XAG/USD is currently trading around $16.25 marks.
- It made intraday high at $16.29 and low at $16.22 levels.
- Intraday bias remains bullish till the time pair holds key support at $16.06 mark.
- A daily close above $16.32 will test key resistances at $16.46/$16.58/$16.72/$16.88/$17.00/$17.08/$17.22/$17.49/$17.68 marks respectively.
- On the other side, a daily close below $16.26 will take the parity down towards key supports at $16.18/$16.06/$15.92/$15.67/$15.42/$15.24/$15.16/$15.04/$14.90/$14.82/$14.74 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
We prefer to go long on XAG/USD only above $16.32 with stop loss at $16.18 and target of $16.46.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 



