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FxWirePro: Silver falls noticeably in early Asia, U.S. core durable good data in focus

  • XAG/USD is currently trading around $15.23 marks.
     
  • It made intraday high at $15.35 and low at $15.21 levels.
     
  • Intraday bias remains bearish till the time pair holds key resistance at $15.42 mark.
     
  • A daily close above $15.42 will test key resistances at $15.49, $15.57 and $15.68 marks respectively.
     
  • On the other side, a daily close below $15.32 will take the parity down towards key supports at $15.22, $15.17, $15.02 and $14.87 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 short position on XAG/USD around $15.25, stop loss at $15.37 and target of $15.08/$15.02.

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2019-07-02 15:32:08
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2019-07-02 15:32:02
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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 764655764655m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764655764655m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 776475776475m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 764655764655m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 776475776475m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 764655764655m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764655764655m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 764655764655m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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