• The USD/ZAR initially gained but gave ground as dollar weakened after news of Washington's aim to begin talks on ending the Russia-Ukraine war.
• On Wednesday, U.S. President Donald Trump said both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy expressed a desire for peace during separate phone calls with him.
• The announcement overshadowed higher than expected U.S. consumer prices in January, and pushed the dollar lower.
•At GMT 11:30, the pair was trading down 0.14 percent at 18.477
• Immediate resistance is located at 18.673 (38.2%fib), any close above will push the pair towards 18.790(Higher BB).
• Strong support is seen at 18.399 (38.2%fib) and break below could take the pair towards 18.259 (Lower BB)
Recommendation: Good to buy around 18.400 with stop loss of 18.200 and target price of 18.600


FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: AUD/USD firms after RBA governor Bullock comments
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 



