FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
• USD/ZAR edged higher on Monday as South Africa's rand weakened ahead of a slew of local economic data releases this week, which could give hints on the health of the local economy.
• On Friday, the rand, along with many other emerging market currencies, gained ground due to a weaker dollar following Federal Reserve Chair Jerome Powell's comments.
• Investors will focus on July’s figures for producer inflation, money supply, trade, and the budget balance to gauge the health of South Africa's economy.
• Immediate resistance is located at 17.8486 (Daily high), any close above will push the pair towards 19.9033(38.2%fib).
• Strong support is seen at 17.6108 (23.6%fib) and break below could take the pair towards 17.4807 (Lower BB).
Recommendation: Good to sell around 17.7040 with stop loss of 17.8700 and target price of 17.5560
