FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/USD dips on UK GDP data miss 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro- Major European Indices 
- USD/ZAR is currently trading around 14.08 levels.
- It made intraday high at 14.08 and low at 14.01 levels.
- Intraday bias remains bullish for the moment.
- A daily close above 14.03 will take the parity higher towards key resistances around 14.17, 14.40, 14.50 and 14.78 marks respectively.
- Alternatively, a daily close below 14.03 will drag the parity down towards key supports at 13.94, 13.72, 13.53, 13.40, 13.18 and 13.01 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- South Africa Nov 2018 gross $gold & forex reserves increase to 50.672 usd vs previous 50.166 usd.
- South |Africa Nov 2018 net $gold & forex reserves increase to 42.577 usd vs previous 42.194 usd.
We prefer to take long position on USD/ZAR around 14.06, stop loss at 13.92 and target of 14.22/14.40.
