• USD/ZAR strengthened on Thursday as the US dollar rose following a hotter-than-expected inflation report.
• A Labor Department report on Thursday showed producer prices rose 0.4% on a monthly basis in November, compared with estimates of a 0.2% rise as per economists polled
• South Africa's producer inflation was -0.1% year-on-year in November, improving from -0.7% in October, according to statistics agency data.
• At GMT 16:17 the pair was trading up 0.43 percent at 17.768.
• Immediate resistance is located at 17.836 (38.2%fib), any close above will push the pair towards 17.902(Dec 11th high).
• Strong support is seen at 17.629(50%fib) and break below could take the pair towards 17.416 (Psychological level)..
Recommendation: Good to buy around 17.760 with stop loss of 17.300 and target price of 18.000


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD downward momentum remains in place
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 



