FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
- USD/ZAR is currently trading around 14.32 levels.
- It made intraday high at 14.37 and low at 14.28 levels.
- Intraday bias remains bullish till the time pair holds key support at 14.00 marks.
- A daily close above 14.35 will take the parity higher towards key resistances around 14.52, 14.68, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86(February 29, 2016 high) and 16.15 marks respectively.
- Alternatively, a daily close below 14.00 will drag the parity down towards key supports at 13.70, 13.57, 13.37, 13.19, 13.01, 12.82 and 12.58 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correction only.
- South Africa’s August manufacturing production index y/y increases to 2.2 % (forecast 1.30 %) vs previous 0.40 %.
- South Africa’s August manufacturing production m/m increases to -1 % (forecast 0.6 %) vs previous -1.5 %.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
