- XAG/USD is currently trading around $16.55 marks.
- It made intraday high at $16.65 and low at $16.53 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $16.70 levels.
- A daily close above $16.56 will test key resistances at $16.76/$16.92/$17.08 marks respectively.
- On the other side, a daily close below $16.56 will take the parity down towards key supports at $16.37/$16.20/$16.05/$15.95/$15.86/$15.74/$15.66/$15.54/$15.32/$15.01 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.
- Later today U.S. will release NFP job data.
We prefer to go short on XAG/USD around $16.58 with stop loss at $16.70 and target of $16.37/$16.23/$16.02.


NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major US Indices
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Woodies Pivot(Major) 



