- USD/ZAR is currently trading around 14.65 levels.
- It made intraday high at 14.73 and low at 14.63 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.70 mark.
- A daily close above 14.70 will take the parity higher towards key resistances around 14.90, 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.55 will drag the parity down towards key supports at 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.
- South Africa will release interest rate decision at 1300 GMT.
We prefer to take long position on USD/ZAR only above 14.72, stop loss at 14.55 and target of 14.90/15.02.


FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro- Woodies pivot (Major)
FxWirePro- Major European Indices
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD stuck in range but outlook is bullish
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 



