FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
- USD/ZAR is currently trading around 13.67 levels.
- It made intraday high at 13.76 and low at 13.64 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 13.91 mark.
- A daily close above 13.74 will take the parity higher towards key resistances around 13.91, 14.01, 14.28 and 14.57 marks respectively.
- Alternatively, a daily close below 13.74 will drag the parity down towards key supports at 13.62, 13.39, 13.16, 12.99, 12.70, 12.51 and 12.40 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
- South Africa will release CPI as well as core CPI data at 0800 GMT.
We prefer to take long position on USD/ZAR only above 13.80, stop loss 13.62 and target of 13.91/14.28.
