• USD/ZAR strengthened on Thursday as rand pressured by a stronger dollar and higher oil prices as tensions between Iran and the United States persisted in the Middle East.
• Iran’s seizure of two ships in the Strait of Hormuz on Wednesday underscored its grip on the strategic passage, following U.S. President Donald Trump’s ceasefire extension and stalled peace talks.
• The dollar was on track for its first weekly gain in a month, making dollar-denominated bullion more expensive for holders of other currencies.
• Oil prices rose on Thursday, holding on to gains from the previous session that lifted prices above $100 a barrel.
• South Africa is a net importer of energy, leaving it highly exposed to swings in global prices.
• Immediate resistance is located at 16.668(Daily high), any close above will push the pair towards 16.839(38.2%fib).
• Strong support is seen at 16.515 (50%fib) and break below could take the pair towards 16.438(61.8%fib).
Recommendation: Good to buy around 16.600 with stop loss of 16.400 and target price of 16.900


Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot (Major)
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend 



