- XAG/USD is currently trading around $17.78 marks.
- It made intraday high at $17.97 and low at $17.74 levels.
- Intraday bias remains slightly bearish for the moment.
- A daily close above $17.97 will test key resistances at $18.08, $18.32, $18.40, $18.87, $18.98, $19.08 and $19.24 marks respectively.
- On the other side, a daily close below $17.76 will take the parity down towards key supports at $17.62, $17.40 and $17.17 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on XAG/USD around $17.80, stop loss at $18.02 and target of $17.40.


FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: USD/CAD downside pressure builds, key support level in focus
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Major Pair levels and bias summary
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro- Major US Indices
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro- Major European Indices
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major European Indices
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse 



