• USD/ZAR initially gained but gave up ground on Tuesday as investors awaited this week Federal Reserve policy decision .
•Traders anticipating at least a quarter-point hike. Fed Chair Kevin Warsh has been reluctant to provide guidance on the future path of rates.
• Markets now see a Fed hike on Wednesday as a near certainty, with CME's FedWatch tool pricing in a more than 92% chance of an interest-rate increase.
• Oil prices rose nearly 2% on Tuesday as concerns over supply disruptions lingered after attacks on Saudi Arabian energy infrastructure left the kingdom's East-West pipeline offline.
•Gold , South Africa's key export, was down 0.2% at $4,287.69 per ounce on Tuesday, after hitting its lowest point since August 7 on Monday.
• Immediate resistance is located at 16.358(Higher BB), any close above will push the pair towards 16.510(50%fib).
• Strong support is seen at 16.1985(38.2%fib) and break below could take the pair towards 16.077(SMA 20)
Recommendation: Good to buy 16.200 with stop loss of 16.000 and target price of 16.400


Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies
AUDJPY: Bearish Outlook Despite Short-Term Bullish Signals, Sell Rallies Near 110.78
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon
FxWirePro: EUR/AUD dips below 1.6200 level ,vulnerable to more downside
FxWirePro: GBP/USD slips as oil surge and higher Treasury yields lift dollar
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally
Upbeat UK GDP Fails to Lift GBP/JPY as Bears Target 207
FxWirePro: AUD/USD dips as dollar firms on Fed rate hike bets
NZDJPY: Bearish Trend Favors Selling on Rallies Above 90.18
EURUSD: Bearish Trend Suggests Selling on Rallies Near 1.15670 Ahead of Fed Decision
Major Pair Currency Score: EURUSD, GBPUSD, NZDUSD, AUDUSD Extremely Bearish; USDCAD Extremely Bullish
NZDJPY Consolidates, Resistance at 90.78 May Signal Favorability for Downtrend
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD maintains bullish bias with focus on 1.4000
JPY Major Currency Score: NZDJPY, AUDJPY, GBPJPY, EURJPY Show Bearish Trend
FxWirePro: NZD/USD falls as stronger dollar weighs on kiwi 



