USDZAR Opportunity Coming - Entering into buying zone - USD RAND
USDZAR Breakout 15M CHART - USD RAND
Midterm forecast: While the price is above the support 14.5030, beginning of uptrend is expected. We make sure when the resistance at 16.3405 breaks. If the support at 14.5030 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 16.315 on 2020-06-10 and the...
Midterm forecast: While the price is above the support 14.5030, beginning of uptrend is expected. We make sure when the resistance at 16.3405 breaks. If the support at 14.5030 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 16.315 on 2020-06-10 and the...
Pair rebounded from key level at 14.8945 with strong bullish movement Price broke upper edge of falling wedge pattern Above SMA 100 It's expected to target resistance level at 15.3760
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
BIG OPPORTUNITY IN USDZAR - USD/ZAR Dear Friends , This is "Weekly" chart for USD/ZAR - High is 19.33 and current Trading between 14.67/14.69 , Huge Support at 13.97/if broken next big support 13.16 , Important part is RSI which is already at 30 and since 2009 it never went down below this point in weekly chart , weekly chart means you can see here for long term...
USDZAR after the long dowtrend reaches a monthly support. The price bounced sharply and create a nice impulse. Now the price is consolidating below a minor resistance and if the price will break above we can consider a nice long position. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵...
Hi there. Price is forming a reversal pattern to change its direction. These are the fundamental reasons for a possible USD/ZAR bullish scenario: Sentiment shifts: Bullish scenario: A breakdown in US stimulus talks and a possible towards a government shutdown; FDA rejecting or postponing the approval of the Pfizer vaccine; a breakdown in Brexit talks with no...
USD/ZAR Analysis Based on price Action. With Risk Management you will Never loss. thank you
After big breakout, price has pull back / consolidated for 6 months and is now testing moving average. Long @ market with stop at 15.74 and target of 19
USD_ZAR IS TRADING IN A FLAG/TRIANGLE FUTHER MOVEMENT WITHIN THE TRIANGLE IS EXPECTED UNTILL THE BREAKOUT Given that I am bullish on the Dollar and considering the situation in South Africa, I expect the breakout upwards, as when the Dollar strengthens properly, the weakest currencies fall first and faster than others. And Rand is super weak. ...
The USD/ZAR is at an important support level. I expect it to continue falling to test the next support at 16.06
USDZAR is in downtrend Price broke neckline of double top pattern at level 16.8078 with strong bearish movement Price is based below HVN at level 16.6595 which indicates pair is in distribution phase Below SMA 100 MACD shows weakness in bullish momentum RSI is below level 50 It's expected going down towards support level at 16.4025 as classical target from double...
USDZAR buy set up Share thoughts in the comment box Like and Follow for more content Good Luck
Mid-Term Forecast: Trading suggestion: . There is a possibility of temporary retracement to suggested support line (16.545). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDZAR is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as...