- XAG/USD is currently trading around $19.75 marks.
- It made intraday high at $19.87 and low at $19.74 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $20.05 levels.
- A daily close below $19.75 will take the parity down towards key supports at $19.47, $19.17, 19.12, $19.09, $18.87 and $18.68 marks respectively.
- On the other side, a daily close above $20.05 will test key resistances at $20.22/$20.32/$20.46/$20.67/$20.78/$21.09 and $21.46 marks respectively.
- Important to note here that in a daily chart 20D, 30D and 55D EMA heads up and confirms the bullish trend. Current down side movement is short term trend correction only.
We prefer to go short on XAG/USD around $19.80 with stop loss at $20.05 and target of $19.47/$19.19.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro- Major Pair levels and bias summary
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR bears maintain upper hand
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro-Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 



