- XAG/USD is currently trading around $19.61 marks.
- It made intraday high at $19.75 and low at $19.54 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $19.87 levels.
- A daily close below $19.62 will take the parity down towards key supports at $19.47, $19.35, $19.17, 19.12, $19.09, $18.87 and $18.68 marks respectively.
- On the other side, a daily close above $19.87 will test key resistances at $20.05/$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 downside movement is short term trend correction only.
We prefer to go short on XAG/USD around $19.65 with stop loss at $19.87 and target of $19.19.


Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro:' USD/CAD faces downside risk below 1.4000
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro: GBP/AUD edges higher but bulls lack punch
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Major Pair levels and bias summary
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 



