- XAG/USD is currently trading around $16.85 marks.
- It made intraday high at $16.86 and low at $16.58 levels.
- Intraday bias remains neutral for the moment.
- A daily close above $16.82 will test key resistances at $16.92/$16.99/$17.08/$17.26 marks respectively.
- On the other side, a daily close below $16.82 will take the parity down towards key supports at $16.57/$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.
We prefer to go long on XAG/USD around $16.82 with stop loss at $16.72 and target of $16.99.


FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Woodies pivot (Major)
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro- Major Pair levels and bias summary 



