NASDAQ ANALYSISNAS has been ranging around a major demand zone. There's confluence with a previous resistance trendline which the market broke and is now retesting to serve as support for the bullish move...
Globalfsb
USDZAR ANALYSISThe pair has just rejected on a major supply zone and therefore this serves as a confirmation for a bearish rally to just below R18 per dollar. I see this bearish move gaining a bit of momentum over time especially since South Africa is heading to it's ruling party's national elective conference in December. The outcomes of this conference will be very interesting and will definitely help the rand gain strength...
