- USD/ZAR is currently trading around 14.40 levels.
- It made intraday high at 14.42 and low at 14.36 levels.
- Intraday bias remains neutral for the moment.
- A daily close above 14.40 will take the parity higher towards key resistances around 14.70, 14.94, 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.15 will drag the parity down towards key supports at 14.02, 13.83, 13.65 and 13.47 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Arica will release Interest rate decision around 1300 GMT.
We prefer to take long position on USD/ZAR only above 14.50, stop loss at 14.27 and target of 14.70/14.94.


FxWirePro: NZD/USD cautiously bid as traders sense end to Iran war
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro- Major European Indices
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: GBP/USD recovers but bears are not done yet again
Euro Bulls Retreat: EURUSD Faces Resistance at 1.1500 as Technical Indicators Signal Further Downside
FxWirePro: EUR/ NZD loses momentum but outlook is bullish
AUDJPY Pullback Intensifies: Resistance at 110.00 Signals Short Opportunity
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions
FxWirePro: USD/ZAR loses momentum but outlook is bullish
Ethereum in Consolidation: ETH Trapped in Narrow Range as Bulls Await the USD 2,000 "Buy the Dip" Opportunity 



