FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro- Major European Indices 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
• USD/ZAR slipped lower on Wednesday as the rand strengthened after soft U.S. data raised expectations of a Fed rate cut in December.
• Markets have strengthened bets on a quarter-point Fed rate cut next month after weak data and dovish central bank comments.
•On the domestic front, all eyes will be on producer inflation numbers due on Thursday and credit , trade and budget data on Friday.
• Like other risk-sensitive currencies, the rand often takes cues from global drivers such as U.S. policy and economic data in addition to domestic releases..
• At GMT 15:31,the dollar was down 0.43% at 17.125 against South African rand .
• Immediate resistance is located at 17.234 (SMA 20), any close above will push the pair towards 17.277(38.2%fib)
• Strong support is seen at 17.014(23.6%fib) and break below could take the pair towards 16.936(Lower BB)
Recommendation: Good to sell around 17.200 with stop loss of 17.300 and target price of 16.950
