• The USD/ZAR initially gained but gave ground as dollar weakened after news of Washington's aim to begin talks on ending the Russia-Ukraine war.
• On Wednesday, U.S. President Donald Trump said both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace during separate phone calls with him.
• The announcement overshadowed higher than expected U.S. consumer prices in January, and pushed the dollar lower.
•At GMT 11:30, the pair was trading down 0.14 percent at 18.477
• Immediate resistance is located at 18.673 (38.2%fib), any close above will push the pair towards 18.790(Higher BB).
• Strong support is seen at 18.399 (38.2%fib) and break below could take the pair towards 18.259 (Lower BB)
Recommendation: Good to buy around 18.400 with stop loss of 18.200 and target price of 18.600


FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro: AUD/USD bulls struggles as upside momentum fades
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: USD/CAD retreats slightly but trend is still bullish 



