• USD/ZAR fell sharply on Monday as South African rand’s firmed ahead of this week is on the finance minister’s mid-year budget review.
• Finance Minister Enoch Godongwana’s budget review is likely to show a modestly improved fiscal picture, but weaker growth forecasts.
• Markets will focus on whether Godongwana addresses the inflation target, which he sets and the central bank has urged him to lower.
• This week’s data calendar features Q3 unemployment and September manufacturing output on Tuesday, followed by mining production on Thursday.
• At GMT 10:40,the dollar was up 0.58% at 17.191 against South African rand .
• Immediate resistance is located at 17.300 (SMA 20), any close above will push the pair towards 17.485(38.2%fib).
• Strong support is seen at 17.081 (23.6%fib) and break below could take the pair towards 17.044 (Lower BB)
Recommendation: Good to sell around 17.200 with stop loss of 17.300 and target price of 17.000


FxWirePro: EUR/AUD poised for further downside after key fibo break
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro- Major US Indices
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 



