AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
FxWirePro: NZD/USD turns lower as USD regains footing 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
- USD/ZAR is currently trading around 12.48 levels.
- It made intraday high at 12.49 and low at 12.42 levels.
- Intraday bias remains bullish till the time pair holds key support at 12.30 mark.
- A daily close above 12.44 will take the parity higher towards key resistances around 12.52, 12.61, 12.77 and 12.90 marks respectively.
- Alternatively, a daily close below 12.44 will drag the parity down towards key supports at 12.30, 12.20, 12.02, 11.94, 11.84, 11.70, 11.62 and 11.53 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 long position on USD/ZAR around 12.47, stop loss at 12.40 and target of 12.90.
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