• USD/ZAR strengthen on Tuesday as South African rand weakened as markets focused on the prospect of renewed talks between the United States and Iran.
• U.S. President Donald Trump said on Tuesday talks with Tehran on ending the war could resume this week.
• Despite last weekend’s talks in Islamabad failing to yield a breakthrough, markets continued to hold onto hopes that diplomacy could still lead to a resolution.
•The rand has remained highly volatile since the Iran war erupted in late February, with escalating geopolitical tensions driving a risk-off sentiment, heightening uncertainty and weighing on emerging market currencies.
• Immediate resistance is located at 16.432 (50%fib), any close above will push the pair towards 16.614(50%fib).
• Strong support is seen at 16.218(Lower BB) and break below could take the pair towards 16.097 (38.2%fib).
Recommendation: Good to sell around 16.360 with stop loss of 16.500 and target price of 16.200


FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD bears maintain upper hand 



