- USD/ZAR is currently trading around 14.23 levels.
- It made intraday high at 14.26 and low at 14.20 levels.
- Intraday bias remains neutral till the time pair holds key resistance at 14.27 mark.
- A daily close above 14.25 will take the parity higher towards key resistances around 14.38, 14.50, 14.64 and 14.94 marks respectively.
- Alternatively, a daily close below 14.25 will drag the parity down towards key supports at 14.02, 13.93, 13.78, 13.70 and 13.50 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- South Africa will release current account data at 0900 GMT.
We prefer to take long position on USD/ZAR only above 14.27, stop loss at 14.15 and target of 14.50.


FxWirePro- Woodies pivot (Major)
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 



