
USD/ZAR Analysis: Incremental Trend Lower and Questions about Support – 18 August 2025
The USD/ZAR trades near 17.61, with traders watching Fed policy and Jackson Hole, while 17.60 support remains key for a potential move toward 17.50.
The USD/ZAR trades near 17.61, with traders watching Fed policy and Jackson Hole, while 17.60 support remains key for a potential move toward 17.50.
The euro steadies near 1.1715, with traders eyeing Ukraine peace talks as a catalyst, while technicals show support at 1.1650 and resistance near 1.1800.
Gold prices recover from recent lows, consolidating near $3353 as traders watch $3400 resistance, geopolitical talks, and Fed policy signals.
The US dollar holds firm against the Canadian dollar above 1.3750, with EMAs shaping support and resistance as trade tensions fuel volatility.
The NASDAQ 100 trades sideways on thin summer volume, with 23,250 seen as key support and a breakout above 24,000 signaling renewed bullish momentum.
GBP/JPY rebounds near ¥199 as buyers defend support. A daily close above ¥200.20 could spark a rally toward ¥203, with strong EMA support below 197.