FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro- Major Pair levels and bias summary 
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
- USD/ZAR is currently trading around 14.72 levels.
- It made intraday high at 14.77 and low at 14.69 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.94 mark.
- A daily close above 14.94 will take the parity higher towards key resistances around 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.70 will drag the parity down towards key supports at 14.55, 14.40, 14.22 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. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR around 14.74, stop loss at 14.85 and target of 14.55/14.22.
