- XAG/USD is currently trading around $16.51 marks.
- It made intraday high at $16.56 and low at $16.21 levels.
- Intraday bias remains neutral till the time pair holds immediate resistance at $16.75 marks.
- A daily close above $16.50 will test key resistances at $16.87/$16.99/$17.08/$17.22/$17.45/$17.82/$18.25/$18.48/$18.99/$19.29/$19.52 marks respectively.
- On the other side, a daily close below $16.48 will take the parity down towards key supports at $16.11/$15.88/$15.76/$15.32/$15.01 marks respectively.
We prefer to take short position in XAG/USD around $16.55 with stop loss at $16.75 and target of $16.11.


FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY downside pressure builds, key support level In focus
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



