FxWirePro: AUD/ USD strongly bearish despite upside attempts 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Woodies pivot (Major) 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
- USD/ZAR is currently trading around 14.35 levels.
- It made intraday high at 14.41 and low at 14.30 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 14.40 mark.
- A daily close above 14.52 will take the parity higher towards key resistances around 14.75, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 14.29 will drag the parity down towards key supports at 14.22, 14.12, 14.02, 13.87, 13.78, 13.70 and 13.50 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 manufacturing production data around 1000 GMT.
- South Africa April 2019 net $gold & forex reserves decrease to 43.245 usd vs previous 43.266 usd.
- South Africa April 2019 gross $gold & forex reserves decrease to 49.538 usd vs previous 49.679 usd.
We prefer to take long position on USD/ZAR only above 14.40, stop loss at 14.22 and target of 14.75/14.94.
