UBS recommends selling EUR/ZAR upside on rand strength

UBS recommends selling EUR/ZAR upside on rand strength
Source link

UBS recommends selling EUR/ZAR upside on rand strength
Source link
London’s main stock index, the FTSE 100, hit a historic milestone on Friday by crossing the 10,000-point mark for the first time. This achievement follows a strong performance in 2025, where the index rose nearly 22%, its best year since 2009 beating major markets in Europe and the US. While global markets have been largely…
Lucky Block Price Prediction- November 16 The LBLOCKUSD price is likely to increase further and is an opportunity for long-term investors. If the current support at $0.0000213 value holds, and the daily chart closes above the $0.0000389 resistance level, buyers could strengthen their grip over the asset for a renewed correction trend to its recent…
The Indian Rupee softens in Thursday’s Asian session. USD bids from importers and subdued foreign inflows continue to undermine the INR. Investors brace for India’s December HSBC Manufacturing PMI and the US weekly Initial Jobless Claims. The Indian Rupee (INR) remains weak on Thursday. The reasons attributed to the weakening in the local currency are…
2026.05.22 2026.05.22 GBP/USD: Elliott Wave Analysis and Forecast for 22.05.26–29.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3553 with a target of 1.3150–1.2936. A sell signal: the price holds below 1.3553. Stop Loss: above 1.3590, Take Profit: 1.3150–1.2936. Alternative scenario: Breakout…
An imbalance in trading is a price zone where supply or demand heavily outweighs the opposite side, causing a sharp directional move with little trading in between. These zones sit at the heart of Smart Money Concept analysis. They shape how traders read momentum, structure, and entry points across forex and CFDs. This article covers…
Investor Flight to Safety After Putin Threatens Use of Nuclear Weapons November 19, 2024 Geopolitical risk took a turn for the worse today. Russian President Putin widened conditions under which nuclear weapons might be used not only against Ukraine but allies of Ukraine whose long-range missiles are used against Russian sites by Ukraine. The clear…