• USD/ZAR rose initially on Wednesday but pulled back as markets awaited key U.S. data for guidance on the Fed’s rate outlook.
•South African business conditions improved slightly in August as cost pressures eased, according to the S&P Global PMI.Headline PMI was 50.1, down from 50.3 in July, marking the fourth straight month above the 50.0 growth threshold.
•South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven up by food and fuel prices.
• Traders will also monitor a court ruling declaring most of Trump’s tariffs illegal, alongside his ongoing clash with the Fed over the attempted firing of Governor Lisa Cook.
• Like other risk-sensitive currencies, the rand is influenced by global factors, including U.S. economic data and policy decisions.
• Immediate resistance is located at 17.742(38.2%fib), any close above will push the pair towards 17.844(Higher BB).
• Strong support is seen at 17.621(SMA 20)and break below could take the pair towards 17.422 (23.6%fib).
Recommendation: Good to buy around 17.600 with stop loss of 17.400 and target price of 18.000


FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD edges higher but bearish outlook persists
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Woodies Pivot(Major)
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm 



