- USD/ZAR is currently trading around 14.75 levels.
- It made intraday high at 14.77 and low at 14.70 levels.
- Intraday bias remains neutral till the time pair holds key support at 14.75 marks.
- A daily close below 14.72 will drag the parity down towards key supports at 14.43(20D EMA), 14.28 and 14.19 (May 03, 2016 low) levels respectively.
- Alternatively, a daily close above 14.96 will take the parity higher towards key resistances around 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.
We prefer to take short position on USD/ZAR only below 14.72 with stop loss at 14.98 and target 14.43/ 14.28 marks.


FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Major European Indices
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro:NZD/USD remains vulnerable as Trump's latest deadline leaves investors on edge
FxWirePro: AUD/USD downside pressure builds, key support level in focus 



