- USD/ZAR is currently trading around 14.02 levels.
- It made intraday high at 14.15 and low at 14.01 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.32 marks.
- A daily close above 14.32 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 14.02 will drag the parity down towards key supports at 13.96, 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.
We prefer to go short on USD/ZAR around 14.05, stop loss 14.32 and target of 13.70.


FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro: AUD/USD eases as investors switch focus to RBA
FxWirePro: NZD/USD retreats as Middle East instability weighs
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch
NZDJPY Bullish Above 93 as Yen Stumbles – Buy Signal Triggers at 93.50
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips after surprise U.S. employment data
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro- Woodies pivot (Major)
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 



