• USD/ZAR edged higher on Friday as the greenback recovered from the prior day’s decline.
• The pair had dipped after a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next week and beyond.
•Looking ahead, investor will focus on the release of domestic consumer price inflation data and a rate-setting meeting next week.
• Traders will watch Wednesday’s CPI data closely, while Thursday’s South African rate-setting meeting may shed light on inflation and the health of Africa’s most industrialized economy.
• Immediate resistance is located at 17.576(SMA 20), any close above will push the pair towards 17.666(38.2%fib).
• Strong support is seen at 17.335(23.6%fib) and break below could take the pair towards 17.244(Lower BB)
Recommendation: Good to sell around 17.360 with stop loss of 17.500 and target price of 17.200


FxWirePro: GBP/NZD edges higher but bearish outlook persists
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Woodies Pivot(Major)
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 



