AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
FxWirePro- Woodies pivot (Major) 
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro:' USD/CAD faces downside risk below 1.4000 
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 
FxWirePro: AUD/USD eases as investors switch focus to RBA 
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660 
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217 
FxWirePro: EUR/AUD bears maintain upper hand 
- XAG/USD is currently trading around $16.38 marks.
- It made intraday high at $16.54 and low at $16.37 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at $16.41 marks.
- A daily close below $16.31 will take the parity down towards key support at $16.15 marks.
- Alternatively, reversal from key support $16.31 will take the parity higher towards key resistances at $16.55, $16.88 (20D, 30D and 55D EMA cross over), $16.95, $17.11, $17.46 (May 09, 2016 high) and $17.55 (May 11, high) levels respectively.
We prefer to take short position in XAG/USD above $16.40, stop loss $16.55 and target $16.31/ $16.15 marks.
