• USD/ZAR initially dipped on Thursday but recovered some ground as investors reacted positively to the strong U.S. economic data.
• U.S. GDP for the second quarter expanded at an annualized rate of 3%, driven by increased consumer spending, alleviating concerns about a potential economic slowdown in the United States.
• Investors are anticipating a 25-basis-point rate cut by the Federal Reserve next month. However, they will closely scrutinize the U.S. Personal Consumption Expenditure report, scheduled for release on Friday.
• Immediate resistance is located at 17.881 (38.2%fib), any close above will push the pair towards 18.000 (Psychologcal level).
• Strong support is seen at 17.623 (23.6%fib) and break below could take the pair towards 17.486 (Lower BB).
Recommendation: Good to buy around 17.720 with stop loss of 17.610 and target price of 17.950


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY edges higher but bulls lack punch
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Pair levels and bias summary 



