• USD/ZAR edged higher on Tuesday as rand was weighed down by high oil prices as hopes for a deal to end the Iran conflict remained uncertain.
• U.S. Secretary of State Marco Rubio said a deal with Iran could take a few more days, dampening hopes for a quick end to the conflict after U.S. forces carried out what Washington described as defensive strikes in southern Iran.
• On the data front, South Africa’s composite leading business cycle indicator rose 2.4% month-on-month in March 2026, after a revised 0.6% increase in February.
• The country’s central bank is set to announce its interest rate decision on Thursday, with economists polled by Reuters expecting a 25 basis point rate hike.
• Like other risk-sensitive currencies, the rand is influenced by global factors as well as domestic economic data.
• Immediate resistance is located at 16.468 (50%fib), any close above will push the pair towards 16.527(SMA 20).
• Strong support is seen at 16.247(Lower BB) and break below could take the pair towards 16.131(38.2%fib).
Recommendation: Good to sell around 16.480 with stop loss of 16.560 and target price of 16.400


FxWirePro: GBP/USD eases slightly as Iran deal proves elusive
FxWirePro: EUR/AUD edges down, remains on back foot
NZDJPY Coil Tightens: EMA Trio Flashes Bullish "Buy the Dip" Signal for a Run to 95
Bitcoin Bounces Back: US-Iran Thaw Triggers $3K Recovery, Chart Targets $82K–$85K
FxWirePro- Major European Indices
FxWirePro- Woodies pivot (Major)
AUD/JPY: Triple EMA “Buy-the-Dip” Setup Targets 115 With Layered Support Intact
Cable-Yen Explodes to Monthly Peak: ADX Strength Surges as Bulls Target 216–217
NZD/JPY: Triple EMA “Sell-the-Rally” Setup Targets 90 as Bearish ADX Strength Doubles
EUR/JPY Bullish Above 185: Triple EMA Shield Targets 187.25–188 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges lower, but outlook is bullish
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900
FxWirePro: USD/JPY edges higher as traders monitor Middle East developments
FxWirePro- Major Pair levels and bias summary 



