- USD/ZAR is currently trading around 14.46 levels.
- It made intraday high at 14.50 and low at 14.41 levels.
- Intraday bias remains neutral till the time pair holds key support at 14.27 mark.
- A daily close above 14.52 will take the parity higher towards key resistances around 14.75, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 14.27 will drag the parity down towards key supports at 14.22, 14.12, 14.02, 13.87, 13.78, 13.70 and 13.50 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Africa will release business confidence index data around 0930 GMT.
We prefer to take long position on USD/ZAR only above 14.50, stop loss at 14.38 and target of 14.75/14.94.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD bears maintain upper hand
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: GBP/AUD drifts lower after BOE rate decision 



