• USD/ZAR steadied around 17.690 on Thursday as market awaited insights from the U.S. Federal Reserve’s annual Jackson Hole symposium on economic outlook and policy direction.
• Fed Chair Powell is set to speak Friday, as investors gauge whether he will prioritize boosting employment or controlling inflation.
• Trump has repeatedly slammed Powell for delaying rate cuts and called for his resignation, while noting he cannot remove Fed board members due to their independent status.
• Investors anticipate Trump may replace Powell, whose term ends in May, with a more dovish Fed chair.
• The rand, like other risk-sensitive currencies, is often influenced by global factors such as U.S. policy and geopolitical developments.
• At GMT 10:18,the dollar was up 0.29% at 17.690 against South African rand.
• Immediate resistance is located at 17.772(SMA 20), any close above will push the pair towards 17886(38.2%fib).
• Strong support is seen at 17.474(23.6%fib) and break below could take the pair towards 17.328(Lower BB)
Recommendation: Good to buy around 17.650 with stop loss of 17.500 and target price of 18.000


FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro: NZD/USD sustains gains as uptrend remains strong
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro- Major Pair levels and bias summary
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major European Indices
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 



