• USD/ZAR slipped on Thursday as the South African rand strengthened after U.S. President Donald Trump eased market concerns over possible U.S. military action against Iran.
• Trump said on Wednesday afternoon that the killings during Iran’s nationwide protest crackdown were easing, signaling a wait-and-see approach to the crisis..
• The U.S. dollar firmed against a basket of currencies, while gold prices eased as Trump’s seemingly softer geopolitical tone reduced safe-haven demand.
• Like other risk-sensitive currencies, the rand often takes its cues from global drivers such as U.S. policy.
• Immediate resistance is located at 16.468 (38.2%fib), any close above will push the pair towards 16.540(SMA 20).
• Strong support is seen at 16.308(38.2%fib) and break below could take the pair towards 16.262(Lower BB)
Recommendation: Good to sell around 16.350 with stop loss of 16.500 and target price of 16.200


FxWirePro: USD/CNY downtrend extends ,eyes support 23.6%fib
FxWirePro: AUD/USD steadies around 0.6700, retains bid tone
FxWirePro: USD/ZAR gains some upside momentum but still bearish
FxWirePro: AUD/USD eases slightly but trend is still bullish
USD/CHF Powers Higher: 0.80350 Break Eyes 0.8090–0.8150 Targets
FxWirePro: USD/CAD extends gains, eyes 1.3950 level
AUD/JPY Blasts to Multi-Year Peak – Yen Weakness Fuels Epic Bull Run
NZDJPY: Buy-on-Dips Strategy Intact Above 91 in a High-Level Consolidation
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD stuck in range but maintains bullish bias
FxWirePro: EUR/AUD steady but trend lower looks likely to resume
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/JPY down from yesterday’s high but uptrend looks intact
FxWirePro: GBP/AUD drops below 2.0000 level, heads deeper into bear territory
FxWirePro: GBP/NZD weighed down as investors seek out riskier assets 



