CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
- USD/ZAR is currently trading around 15.22 levels.
- It made intraday high at 15.35 and low at 15.15 levels.
- Intraday bias remains bearish till the time pair holds immediate resistance at 15.32 mark.
- A daily close above 15.32 will take the parity higher towards key resistances around 15.53, 15.73,15.98 and 16.24 marks respectively.
- Alternatively, a daily close below 15.32 will drag the parity down towards key supports at 15.02, 14.82, 14.70, 14.52, 14.30 and 14.05 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Africa Aug 2018 net $gold & forex reserves decrease to 42.35 usd vs previous 42.44 usd.
- South Africa Aug 2018 gross $gold & forex reserves decrease to 49.848 usd vs previous 50.511 usd.
We prefer to take short position on USD/ZAR only below 15.02, stop loss at 15.35 and target of 14.82/14.70.
