- USD/ZAR is currently trading around 15.21 levels.
- It made intraday high at 15.26 and low at 15.13 levels.
- Intraday bias remains slightly bearish till the time pair holds key resistance at 15.40 marks.
- A daily close above 15.46 will take the parity higher towards key resistances around 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 15.17 will drag the parity down towards key supports at 15.02, 14.94, 14.70 and 14.57 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take short position on USD/ZAR around 15.25, stop loss at 15.40 and target of 15.02/14.94.


GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro- Major European Indices
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 



