FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: GBP/USD steadies ahead key data, BoE event risk 
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro- Major European Indices 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD pauses decline,critical support lies ahead 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
- USD/ZAR is currently trading around 14.29 levels.
- It made intraday high at 14.35 and low at 14.28 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 14.46 will take the parity higher towards key resistances around 14.62, 14.75, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
- Alternatively, a daily close
below 14.17 will drag the parity down towards key supports at 13.91, 13.68, 13.26 and 13.00 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
