FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
- USD/ZAR is currently trading around 14.17 levels.
- It made intraday high at 14.22 and low at 14.10 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.01 marks.
- A daily close above 14.16 will take the parity higher towards key resistances around 14.50, 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 14.01 will drag the parity down towards key supports at 13.70, 13.57, 13.31, 13.19, 13.01, 12.82 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go long on USD/ZAR around 14.15, stop loss 14.01 and target of 14.50.
