FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro- Woodies Pivot(Major) 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro-Major European Indices 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
- USD/ZAR is currently trading around 14.54 levels.
- It made intraday high at 14.58 and low at 14.51 levels.
- Intraday bias remains slightly bearish for the moment.
- A daily close above 14.86 will take the parity higher towards key resistances around 14.94, 15.06, 15.22 and 15.32 marks respectively.
- Alternatively, a daily close below 14.55 will drag the parity down towards key supports at 14.27, 13.90, 13.82, 13.68 and 13.56 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 business confidence index data at 0930 GMT.
We prefer to take long position on USD/ZAR only above 14.70, stop loss at 14.50 and target of 15.06.
