Thursday, October 15, 2026

Technicals

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USD/ZAR lower in line with broader position driven dollar decline

South Africa's Eskom expands power cuts for 6th day UASA union to oppose job cuts, bearish breaks into daily cloud Cloud base at 11.8903, Apr 16 low at 11.9380 and Apr 10 low at 11.9300 Break opens Apr 6 low at 11.7905 b…

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • South Africa's Eskom expands power cuts for 6th day

  • UASA union to oppose job cuts, bearish breaks into daily cloud

  • Cloud base at 11.8903, Apr 16 low at 11.9380 and Apr 10 low at 11.9300

  • Break opens Apr 6 low at 11.7905 but risk/reward currently suits dip buyers

 

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