• USD/ZAR strengthened on Monday as a broad commodity selloff weighed on emerging-market asset.
• Gold and platinum prices fell, weighing on the rand as South Africa is a major exporter of both metals.
•Gold prices fell sharply as signs of easing U.S.-China trade tensions added further pressure on the precious metals.
• The local currency also lost ground because the U.S. dollar strengthened as investors sought safety.
• Immediate resistance is located at 16.288 (38.2%fib), any close above will push the pair towards 17.505 (Jan 19th high).
• Strong support is seen at 16.051 (Feb 5th low) and break below could take the pair towards 15.720(Lower BB).
Recommendation: Good to buy around 16.300 with stop loss of 16.100 and target price of 16.800


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: AUD/USD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: GBP/AUD loses momentum but outlook is bullish
FxWirePro:EUR/NZD extends fall, key support lies ahead
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 



