- USD/ZAR is currently trading around 14.86 levels.
- It made intraday high at 14.96 and low at 14.85 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.94 mark.
- A daily close above 14.94 will take the parity higher towards key resistances around 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.81 will drag the parity down towards key supports at 14.72, 14.50, 14.32, 14.15, 14.02, 13.83, 13.65 and 13.47 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR only below 14.82, stop loss at 14.94 and target of 14.72/14.50.


NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



