AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro- Major Crypto levels and bias summary 
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
FxWirePro- Woodies pivot (Major) 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro- Woodies pivot (Major) 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
FxWirePro: USD/ZAR extends decline, scope for further downside 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
- USD/ZAR is currently trading around 11.63 levels.
- It made intraday high at 11.70 and low at 11.60 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 11.92 mark.
- A daily close above 11.74 will take the parity higher towards key resistances around 11.92, 12.02, 12.10, 12.20, 12.32, 12.45, 12.61, 12.77 and 12.90 marks respectively.
- Alternatively, a daily close below 11.75 will drag the parity down towards k-ey supports at 11.53, 11.24, 11.08, 10.90 and 10.60 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa's Govt bonds firm after Moody's affirms sovereign rating, yield on benchmark 2026 issue falls 13 basis points to 7.86 pct.
- South Africa average dollar bond yield spread over U.S. treasuries falls 6 basis points to 251 bps after Moody's reprieve.
We prefer to take short position on USD/ZAR around 11.65, stop loss at 11.92 and target of 11.24.
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