- USD/ZAR is currently trading around 13.86 levels.
- It made intraday high at 13.87 and low at 13.80 levels.
- Intraday bias remains slightly bullish for the moment.
- A daily close above 13.83 will take the parity higher towards key resistances around 13.94, 14.02, 14.17, 14.40, 14.50 and 14.78 marks respectively.
- Alternatively, a daily close below 13.83 will drag the parity down towards key supports at 13.53, 13.40, 13.18 and 13.01 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart.
- South Africa Nov 2018 std bank whole econ PMI increase to 48.2 vs previous 46.9.
We prefer to take long position on USD/ZAR only above 13.93, stop loss at 13.77 and target of 14.17/14.40.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD cedes early gains ,outlook bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 



