- XAG/USD is currently trading around $18.83 marks.
- It made intraday high at $18.93 and low at $18.77 levels.
- Intraday bias remains bearish till the time pair holds key resistance at $19.27 levels.
- A daily close below $18.82 will take the parity down towards key supports at $18.68, $18.44, $18.17, $17.69, $17.50 and $17.08 marks respectively.
- On the other side, a daily close above $19.27 will test key resistances at $19.64/$19.75/$19.91/$20.10/$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 $18.85 with stop loss at $19.05 and target of $18.46/$17.69.


FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro- Major Crypto levels and bias summary
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Pair levels and bias summary
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally 



