- USD/ZAR is currently trading around 14.06 levels.
- It made intraday high at 14.07 and low at 14.00 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at 13.94 marks.
- A daily close above 14.02 will take the parity higher towards key resistances around 14.22, 14.40, 14.70, 14.94 and 15.26 marks respectively.
- Alternatively, a daily close below 14.02 will drag the parity down towards key supports at 13.94, 13.78, 13.50 and 13.26 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
We prefer to take short position on USD/ZAR around 14.12, stop loss at 14.22 and target of 13.94/13.78/13.50.


FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD drifts lower after BOE rate decision
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 



