NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
- USD/ZAR is currently trading around 14.28 levels.
- It made intraday high at 14.31 and low at 14.20 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.17 marks.
- A daily close above 14.50 will take the parity higher towards key resistances around 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 and 13.68 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend. Current upside movement is short term trend correction only.
We prefer to take long position in USD/ZAR around 14.25, stop loss 14.17 and target 14.49/ 14.75 marks.
