FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
- USD/ZAR is currently trading around 13.98 levels.
- It made intraday high at 14.00 and low at 13.88 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.64 levels.
- A daily close below 13.65 will drag the parity down towards key supports at 13.38, 13.19, 13.00, 12.82 and 12.58 levels respectively.
- On the other side, a daily close above 13.98 will take the parity higher towards key resistances around 14.06, 14.22, 14.48, 14.62, 14.75, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks 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 will release CPI as well as core CPI data 0800 GMT.
We prefer to go long on USD/ZAR only above 14.02, stop loss at 13.65 and target of 14.48.
