- XAG/USD is currently trading around $16.63 marks.
- It made intraday high at $16.68 and low at $16.60 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $16.82 mark.
- A daily close above $16.67 will test key resistances at $16.82/$16.95/$17.08/$17.22/$17.49/$17.68/$17.72/$17.98/$18.24 marks respectively.
- On the other side, a daily close below $16.67 will take the parity down towards key supports at $16.52/$16.41/$16.28/$16.03 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to go short on XAG/USD around $16.65 with stop loss at $16.82 and target of $16.52/$16.40.


NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro- Major Pair levels and bias summary
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/CNY hits 15-month low , scope for further downside
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 



