- USD/ZAR is currently trading around 15.04 levels.
- It made intraday high at 15.06 and low at 14.97 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.90 mark.
- A daily close above 14.98 will take the parity higher towards key resistances around 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.98 will drag the parity down towards key supports at 14.72, 14.55, 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 PPI data around 0930 GMT.
We prefer to take long position on USD/ZAR around 15.00, stop loss at 14.90 and target of 15.22/15.40.


FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: GBP/NZD stuck in range but outlook is bullish
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: USD/ZAR bears maintain upper hand
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 



