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- 1。USD/ZAR Outlook: Rand Resilient as SARB Leaves Rates Unchanged
- 2。Euro Price Action: ECB Maintains Policy, Euro Remains at Daily Highs
- 3。Gold Price Rallies Into Resistance, Fuelled by US Dollar Weakness
- 4。BTC/USD Price Forecast: Symmetrical Triangle Points to a Build in Momentum
The Rand is currently on its fourth consecutive positive day due to a combination of global and local factors. Bearish momentum has dramatically increased during this period which may continue as interest rates remained constant and were not cut. The Relative Strength Index (RSI) has now fallen below the 50 level which reinforces.