• USD/ZAR edge higher on Tuesday as investors digested South Africa’s second-quarter gross domestic product numbers.
• Statistics South Africa reported that the country’s economy expanded by 0.8% on a quarter-on-quarter basis, slightly surpassing economists’ expectations of a 0.5% rise.
• Africa’s most industrialized economy sees two-year high growth, but still insufficient to tackle poverty and inequality.
• Investor attention now turns to key economic releases on Thursday, including mining production, manufacturing output, and the current account balance.
• At GMT 15:10,the dollar was up 0.17 % at 17.523 against South African rand.
• Immediate resistance is located at 17.599(SMA 20), any close above will push the pair towards 17.812(38.2%fib).
• Strong support is seen at 17.417(23.6%fib) and break below could take the pair towards 17.381(Lower BB)
Recommendation: Good to sell around 17.600 with stop loss of 17.800 and target price of 17.300


AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
Gold Loses Steam After Strong U.S. Retail Sales
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 



