USDZAR SHORTHelloooooo traders....USDZAR showing signs of a drop coming most probably during NY session. Keep a lookout for a reaction at price 16.3000 for a fall. Risk small....happy trading.
USDZAR
USDZAR OutlookUSDZAR likely to continue rising because we had a reset and more potential on he upside. If it breaks the previous resistance we look forward to be taking longs. Also, retail sentiment states that there are more traders going short on USDZAR.
DXY (DOLLAR CURRENCY INDEX)Hello traders! For my opinion this pair in short term is in these level :
Target one: Buy 107.400
Target two: Sell 93.400
Don`t forget to look the economic calendar!
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GOOD LUCK!
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USDZAR - Approaching Yearly Support AreaI'm looking for USDZAR to bounce off the yearly support area. I've included two entries in case one fails. As always manage your risk. This is just what I'm seeing and is not financial advice.
USDZAR | BULLS CONTINUEUSDZAR has strong bullish momentum. Price has hit the high of 16.136 and took a major correction of a bullish rally. We saw the support come exactly at 23.6% of fib levels and candlesticks shows bulls are strong.
We are bullish as the momentum likely to continue and book profit recent high.
USD/ZAR Possible Peak ResetExpecting USD/ZAR to Reset on the 200EMA at 15.60000 or sell to 15.10000 first before continuation of bullish trend.
Usd/ZarHello traders! For my opinion this pair in short term is in these level :
Target one: Buy 16.20000
Target two: Sell 15.70000
Target three: Sell 15.60000
Don`t forget to look the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Usd/ZarHello traders! For my opinion this pair in short term is in these level :
Target one: Buy 16.10000
Target two: Sell 15.90000
Don`t forget to look the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
Usd/ZarHello traders! Wait for confirmation!
Don`t forget to look the economic calendar!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
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USDZAR looking at 1M wave B ending looking at wave CLooking at 1M using Elliott Wave we are in entering a Wave C leg and looking at the price to come back to it average, its range even at the 1H is reaching its peak. should be looking at a strong down trend soon.
USDZAR | 006DISCLAIMER!
Hi Traders! This is just my analysis (Pullback Position) so BE RESPONSIBLE with your own Trades. I am still a Newbie and still not profitable yet! Happy Earning$!
LONG POSITIONUSD/ZAR - Has broke out of the bearish trend from since November 2021.
I will like to see some retracement around
15.20000 area where we can potentially see buyers take price higher............
wait for confirmation before you enter this trade.
USDZAR | 003Hi Everyone! This is my ANALYSIS, I am still a newbie so BE RESPONSIBLE with your own Trades! Thank you and Happy Earning$!
- The Money Maker
USDZAR | 002Hi Everyone! This is just my analysis so BE RESPONSIBLE with your own Trades. I am still a newbie and currently still learning, I am not profitable yet!
USDZAR THis is my trade of the week. usdzar. it has a lot of great structures , i put some descriptions on it, so you may take advantage of it. we hit the first target 860+ pips this week✅. . have a nicce weekend.
LONG USDZARLONG USDZAR @ 14.67
TP @ 16
SL @ 14.40
We have seen the ZAR strengthening against the US dollar in the last few weeks. This was dude to rising global commodity prices helping SA's net exports. Another reason was that due to inflation and SARB entered an aggressive hiking cycle. However, I think this move is oversold. SA has many problems that they need to recover from before ZAR can continue to throw its weight around. On top of this, we have broken out of the downward channel, and cleared resistance at the 14.67 Fibbo lvl. I have therefore entered my trade at that lvl as I expect the pair to grind towards the 16 mark in the coming days and weeks.
Good luck.
USDZAR Defined channelUSDZAR has been trading in a defined down sloping channel for since November. Top of the channel was R16,37 and the bottom of the channel was R14,42. ZAR strength I think was mainly driven by a strong commodities run as well as a weakening $. Current price is up against resistance at the R15 level and it remains to be seen if this level will hold, or be broken. If it is broken, then the top of the channel at R16,37 could once again become a target.
USDZAR | RESISTANCE AHEAD
USDZAR has been trading in ascending triangle with reactive rising support. The current price is approaching to the seller zone area once again where rejection is expected
Alternatively, a break above will result in bullish bias and long positions can be placed.
Trade your levels accordingly.
USDZAR H4 H&SUSDZAR H4 H&S inverted
We have a H&S inverted on H4.
The price break the neckline and now is testing it.
We also can see an divergence on H4 which is an additional indicator for price to go up.
I can see the price up until 15.000 level or even above to the trending line.
This is just an opinion, not a signal.
Please feel free to comment with your own oppinion
USDZAR LONG - Buy Entry - D1 ChartUSDZAR LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: USDZAR
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
Resistance @ 16.13850
Resistance @ 15.42816
Pivot Point Yearly @ 15.21809
Resistance @ 14.97762
Support @ 14.51604
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USDZAR | ON SUPPORTUSDZAR has been trading in bearish parallel channel and recently price has hit the bottom of the channel. We are expecting a bullish bounce from here.
Alternatively, breaking below the support will call for more bears in the party.
Trade your levels accordingly.
