• USD/ZAR rose on Wednesday as South African rand continue to weakened following the collapse of budget talks between the DA and ANC.
• On Wednesday, South Africa's Democratic Alliance (DA) party rejected the country's contested budget as lawmakers convened to vote on it in parliament..
• The budget, originally set for February, was delayed and a revised version was presented last month. Its most contentious aspects include proposals to raise value-added tax and not adjust personal income tax brackets for inflation.
•Meanwhile, investors prepared for the looming impact of sweeping tariff announcements expected from the Trump administration later on Wednesday.
• Immediate resistance is located at 18.750 (38.2%fib), any close above will push the pair towards 19.000(Psychological level).
• Strong support is seen at 18.499 (50%fib) and break below could take the pair towards 18.421(Daily low).
Recommendation: Good to buy around 18.550 with stop loss of 18.350 and target price of 18.700


FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro- Major European Indices
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
FxWirePro- Major Crypto levels and bias summary
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary 



