- USD/ZAR is currently trading around 13.05 levels.
- It made intraday high at 13.07 and low at 12.93 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 12.96 will take the parity higher towards key resistances around 13.07, 13.20, 13.31, 13.42, 13.58, 13.70, 13.95, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28 and 15.45 marks respectively.
- Alternatively, a daily close below 12.96 will drag the parity down towards key supports at 12.83, 12.67, 12.48, 12.30, 12.22 and 12.14 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take long position in USD/ZAR only above 13.07, stop loss at 12.92 and target of 13.20/13.31.


Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro: AUD/USD eases as investors await U.S. employment figures
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 



