• The USD/ZAR rose strongly on Thursday as South African rand dropped wrapping up a volatile trading week that was heavily influenced by Donald Trump's victory in the U.S. presidential election.
• This week, the rand has largely followed global trends, reacting to factors such as expectations for U.S. interest rates and the Federal Reserve's latest monetary policy announcement on Thursday.
• The rand plunged on Wednesday following the news that Trump had won the U.S. presidential race, but it reversed course on Thursday.
•At GMT 16:27, the pair was trading up 1.57 percent at 17.566
• Immediate resistance is located at 17.681(23.6%fib), any close above will push the pair towards 17.722(Higher BB).
• Strong support is seen at 17.556 (50%fib) and break below could take the pair towards 17.458(61.8%fib)
Recommendation: Good to buy around 17.550 with stop loss of 17.450 and target price of 17.700


EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows 



