• USD/ZAR fell on Monday as the South African rand firmed as investors turned their attention towards the 2026 national budget to be tabled later this week.
• Local investors are awaiting Wednesday’s budget speech by Enoch Godongwana for clarity on the ruling coalition’s fiscal priorities, plans to tackle national debt, and the direction of upcoming economic reforms.
• In its November budget review, National Treasury of South Africa projected a consolidated budget deficit of 3.8% for the current fiscal year, narrowing to 3.3% by 2027.
At GMT 16:37, the pair was trading down 0.21 percent at 15.980.
• Immediate resistance is located at 16.120 (38.2%fib), any close above will push the pair towards 16.278 (Higher BB).
• Strong support is seen at 15.981(SMA 20) and break below could take the pair towards 15.632 (Lower BB).
Recommendation: Good to sell around 16.000 with stop loss of 16.600 and target price of 15.900


EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro- Woodies Pivot (Major)
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity 



