FxWirePro: GBP/USD bulls remain cautiously optimistic 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro- Major European Indices 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout 
FxWirePro- Woodies Pivot(Major) 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
- USD/ZAR is currently trading around 13.01 levels.
- It made intraday high at 13.03 and low at 12.97 levels.
- Intraday bias remains neutral till the time pair holds key support at 12.92 mark.
- A daily close above 13.01 will take the parity higher towards key resistances around 13.08, 13.14, 13.23, 13.31, 13.42, 13.58, 13.70, 13.95, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28 and 15.45 marks respectively.
- Alternatively, a daily close below 12.92 will drag the parity down towards key supports at 12.82, 12.70, 12.48, 12.30, 12.22 and 12.14 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa May private sector credit ext. increase to 6.69 % (forecast 6.00 %) vs previous 5.90 %.
- South Africa May M3 money supply y/y increase to 5.98 % (forecast 5.30 %) vs previous 5.34 % (revised from 5.33 %).
We prefer to take short position in USD/ZAR only below 12.92, stop loss at 13.08 and target of 12.70/12.55.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
