- USD/ZAR is currently trading around 13.44 levels.
- It made intraday high at 13.47 and low at 13.33 levels.
- Intraday bias remains bullish till the time pair holds key support at 13.19 mark.
- A daily close above 13.34 will take the parity higher towards key resistances around 13.49, 13.65, 13.77, 13.85, 13.96, 14.16, 14.29, 14.50, 14.75, 14.96, 15.05, 15.28, 15.45, 15.66, 15.77, 15.86 (February 29, 2016 high) and 16.15 marks respectively.
- Alternatively, a daily close below 13.34 will drag the parity down towards key supports at 13.19,13.01, 12.82 and 12.58 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 long position in USD/ZAR only above 13.49, stop loss at 13.19 and taget of 13.75.


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro- Major European Indices
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 



