South Africa's Rand stumbles as data showed South Africa's business confidence fell to a new 16-year low
- South Africa's rand fell 1 percent against the dollar on Thursday, the weakest performance in a basket of 25 emerging market currencies
- USD/ZAR hit week highs of 13.6184 on the day, and has eased slightly since to currently trade at 13.6140
- Daily momentum remains positive, 10-day and 30-day moving averages are positive aligned, reinforcing the bullish bias
Recommendation: Good to buy USD/ZAR dips around 13.5880, SL: 13.5060, TP: 13.7000
Resistance Levels:
R1: 13.7000 (2015 High Aug 24)
R2: 14.0000 (Psychological Level)
R3: 14.5000 (Psychological level)
Support Levels:
S1: 13.3930 (Session Low Sep 3)
S2: 13.3900 (Daily Low Sep 2)
S3: 13.2650 (10-Day MA)


FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/USD dips lower on negative UK retail sales data
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/ZAR edges higher but bearish outlook persists
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 



