• USD/ZAR rose on Friday as rand weakened much-anticipated interest rate decision by the South African Reserve Bank next week.
• Next week, domestically focused investor attention will be pinned on the central bank's rate decision on Thursday.
• Economists expect the central bank to keep its main lending rate steady at 6.75%..
• Other economic indicators due next week include the composite leading business cycle indicator on Tuesday, and producer inflation data on Thursday.
• The rand fell by more than 3% the week before last, declined by over 2% last week, and is on track for a further drop of about 1% this week.
• Immediate resistance is located at 17.006(38.2%fib), any close above will push the pair towards 17.146(Higher BB).
• Strong support is seen at 16.685(50%fib) and break below could take the pair towards 16.413(SMA 20)
Recommendation: Good to buy around 16.900 with stop loss of 16.600 and target price of 17.200


AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
FxWirePro:EUR/NZD extends fall, key support lies ahead
FxWirePro- Woodies pivot (Major)
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
FxWirePro- Major Pair levels and bias summary
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183"
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro: GBP/AUD loses momentum but outlook is bullish
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 



