- USD/ZAR is currently trading around 18.09 levels.
- It made intraday high at 18.23 and low at 18.02 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 18.40 mark.
- A daily close above 18.14 will drag the parity higher towards key resistances around 18.40, 18.70, 18.94, 19.18, 19.32, 19.54 and 19.77 marks respectively.
- Alternatively, a daily close below 18.14 will drag the parity down towards key supports at 18.02, 17.91, 17.70, 17.30 and 17.02 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to take short position on USD/ZAR around 18.15, stop loss at 18.40 and target of 17.70.


JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 



