
USD/ZAR Forecast: Slides Below 17.50, Eyes 17.25 Support – 12 September 2025
USD/ZAR turned sharply bearish after breaking below 17.50, with downside targets at 17.25 and 17.00 as selling pressure builds.
USD/ZAR turned sharply bearish after breaking below 17.50, with downside targets at 17.25 and 17.00 as selling pressure builds.
EUR/USD stays rangebound between 1.16 and 1.18 after the ECB’s rate hold, with traders awaiting the Fed’s decision for the next breakout signal.
The DAX remains choppy below its 50-day EMA, with support at €23,250 and resistance at €24,600 as traders await clearer momentum after the ECB decision.
The S&P 500 surged above 6580 with momentum building toward 6700, while support holds at 6500–6480 within a broader bullish channel.
Nvidia stock is set to open higher after a 4% jump, with traders eyeing a breakout above $185 while dips remain attractive buying opportunities.
The EUR/USD pair traded with a soft tone throughout the first half of the day, holding below the 1.1700 mark ahead of critical first-tier events. The first one was the European Central Bank (ECB) monetary policy decision. As widely anticipated, the central bank left interest rates unchanged.