• USD/ZAR strengthened on Thursday as investors awaited news about a possible U.S.-Iran peace deal.
• U.S. President Donald Trump said the U.S.-Israeli war with Iran was “close to over,” while the White House expressed optimism about a potential deal, with further in-person talks likely to take place in Pakistan.
• The greenback was also supored after data showed initial jobless claims fell by 11,000 to a seasonally adjusted 207,000 in the week ended April 11.
• Aside from war developments, U.S. President Donald Trump has revived his clash with Fed Chair Jerome Powell, threatening to remove him from the Board of Governors unless he steps down when his term as Fed chief ends on May 15.
• Immediate resistance is located at 16.433(50%fib), any close above will push the pair towards 16.608 (April 13 high).
• Strong support is seen at 16.306(Daily low) and break below could take the pair towards 16.162(Lower BB).
Recommendation: Good to sell around 16.400 with stop loss of 16.550 and target price of 16.250


FxWirePro:EUR/NZD bears maintain upper hand
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro- Woodies Pivot (Major)
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target 



