- USD/ZAR is currently trading around 14.14 levels.
- It made intraday high at 14.15 and low at 14.11 levels.
- Intraday bias remains neutral till the time pair holds key resistance 14.27 mark.
- A daily close above 14.12 will take the parity higher towards key resistances around 14.27, 14.38 and 14.64 marks respectively.
- Alternatively, a daily close below 14.12 will drag the parity down towards key supports at 13.90, 13.70, 13.50, 13.36, 13.22, 13.07, 12.94 and 12.66 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads down and confirms the bearish trend in a daily chart. Current upside movement is short term trend correcton only.
We prefer to take long position on USD/ZAR around 14.11, stop loss at 13.90 and target of 14.38.


Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies pivot (Major)
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 



