- USD/ZAR is currently trading around 14.82 levels.
- It made intraday high at 14.90 and low at 14.81 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 14.94 mark.
- A daily close above 14.88 will take the parity higher towards key resistances around 14.94, 15.02, 15.22, 15.40, 15.70, 15.92 and 16.10 marks respectively.
- Alternatively, a daily close below 14.73 will drag the parity down towards key supports at 14.40, 14.50, 14.22, 14.15 and 13.83 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 take short position on USD/ZAR only below 14.80, stop loss at 14.94 and target of 14.40.


FxWirePro: USD/CAD steadies around 1.3920 level , retains bid tonne
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
FxWirePro- Woodies pivot (Major)
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435
FxWirePro: GBP/NZD edges lower but bias is bullish
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target 



