South Africa's Rand stumbles as data showed South Africa's business confidence fell to a new 16-year low
- South Africa's rand fell 1 percent against the dollar on Thursday, the weakest performance in a basket of 25 emerging market currencies
- USD/ZAR hit week highs of 13.6184 on the day, and has eased slightly since to currently trade at 13.6140
- Daily momentum remains positive, 10-day and 30-day moving averages are positive aligned, reinforcing the bullish bias
Recommendation: Good to buy USD/ZAR dips around 13.5880, SL: 13.5060, TP: 13.7000
Resistance Levels:
R1: 13.7000 (2015 High Aug 24)
R2: 14.0000 (Psychological Level)
R3: 14.5000 (Psychological level)
Support Levels:
S1: 13.3930 (Session Low Sep 3)
S2: 13.3900 (Daily Low Sep 2)
S3: 13.2650 (10-Day MA)


Buy the Dip? AUDJPY Holds Trendline Support Near 112
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: NZD/USD slips as geopolitical and domestic political risks weigh
FxWirePro: NZD/USD drifts lower as markets await US inflation data
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro: GBP/USD could target 1.3400 as selling pressure builds
FxWirePro- Major Crypto levels and bias summary
JPY Majors Alert: NZDJPY Crashes to 92.81 Low as Brutal Bearish Momentum Explodes – Sell Rallies to 91.80
Euro Rally Drives EUR/JPY Past 183.50: Upside Targets 185.00 in Focus
FxWirePro: GBP/USD gives up gains as traders await UK GDP
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD drifts back to familiar territory post-US CPI
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
FxWirePro: USD/JPY steadies around 159.30, bias bullish 



