EURZAR
EURZAR: Potential Bullish Gartley formation Here's an idea of a potential bullish Gartley formation on the EUR/ZAR in it's early stages.
Looking for the formation of the B to C leg with possible points for C in the region between 16.66014 and 16.88450.
Updates of this idea will follow as the market moves.
Do not follow this blindly; always remember to make sure that any trade made by you needs to meet your own personal trading requirements. If it does not
comply with your rules of trade, do not trade it.
Happy trading!
JP
EURZAR Buy Opportunity-04.09.2017Hello Guys,
Buy opportunity presents itself today especially if price action closes strong above the current minor support turned resistance @15.45.
Take profit should be above 15.60 with stop loss below today's lows of 15.30
EURZAR Buy Set Up-31.08.2017This currency pair provides a good opportunity to conclude August month on a high. Price action has been consolidating horizontally after that strong bear pressure which begun with a strong double bar bear engulfing pattern. Current fundamentals from South Africa are not that supportive of the Rand. Its economy is shambolic to-say the least and as they slide into recession, Repo rates shall be slashed in the near future. I will look to enter long and trade as follows:
Buy: 15.45
Stop Loss: Below 15.42
Take Profit: Ideal at this week's highs at 15.75
EURZAR cross pair new weekly demand zones playing outEURZAR cross pair is reacting to a bigger timeframe monthly demand zone, new weekly demand zones are being created, last one at 14.21 is playing out nicely. New levels of demand being created. Long bias
Wait for price to break below 12.87 to long #USDZARBefore going higher USDZAR may likely break below April's low at 12.87.
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Trade outlook is about 30 days
Ramesh aka Surefire Trader, is the author of his new book "Trade Forex with Confidence"
to guide readers how to build a profitable trading system using the 10/20/30 Rule.
bit.ly
EUR/ZAR AnalysisEUR is behaving the same way as the USD & the POUND against the RAND
EUR/ZAR - The EUR has lost almost 4% against the RAND in 12 days.
Will it also bounce back up ?
EURZAR - bullish correctionBulls are likely going to deliver another upward impulse in wave {c} of B
Clear forecast of EURZAR in a 4h chartWe are looking for a buy. EURZAR is in a uptrend that gives us a great opportunity to take a swing. This pair is in my watch-list this week.
Happy trading every! Good luck
EURZAR - wave AA bearish impulse in wave A is going to end soon, so there's an opportunity to have a correction in the short term
EURZARITS SAFE TO GO SHORT ON THIS TRADE, THE BEARISH FLAG AND THE HEAD N SHOULDER PATTERN APPROVES, BUT IF GOING SHORT, SET SL AT 14.7417
EURZAR SHORTHit first target now almost at second. Looks like it could keep it up and make it to the third.
EURZAR Reversing LongEURZAR appears to be at the end of its three-months-long decline. That decline consisted of 12 down-weeks in a row, and may have completed with a hammer candle, followed by an up-week that also gives a stochastic buy signal. Last week's up-week also had higher volume than the previous four weeks.
EUR/ZARHello Traders
The Pairs of EUR/ZAR is High Risk Moving... I alway Trade careful for long term...
Thanks For Watching
Cheers
Alan Tang
economic.net.au
