• USD/ZAR initially gained but gave up some ground as investors awaited interest rate decisions from the Federal Reserve and the South African Reserve Bank.
• Fed policymakers are expected to keep interest rates steady on Wednesday, but Trump’s recent comments urging the central bank to lower borrowing costs could complicate their decision..
Investors will also focus on the SARB's first interest rate decision of 2025 on Thursday, with economists anticipating a 25 basis point cut to 7.50%.
•At GMT 10:50, the pair was trading down 0.18 percent at 18.685
• Immediate resistance is located at 18.880 (38.2%fib), any close above will push the pair towards 19.000(Psychological level).
• Strong support is seen at 18.611 (50%fib) and break below could take the pair towards 18.343(61.8%fib)
Recommendation: Good to buy around 18.600 with stop loss of 18.200 and target price of 18.900


FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure
Bitcoin Holds Above $65K as Institutional Inflows Resume; Buy Dips Near $64K
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates
FxWirePro :USD/JPY drifts above 162 as range trading persists
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level 



