USDZAR possible sell zone!USDZAR has been rejected from the weekly level of resistance and creating a bearish price action.
It looks like USDZAR may drop from this level of resistance to the possible support at 15.42698
USDZAR
USDZAR OutlookWe currently have a price consolidation on possible (Level 1) zone after what looks like a reset on USDZAR. Price likely to breakout on the upside since the "RESET" seems to be a confirmed one.
USDZAR SHORTWe are waiting for a long term short on the ZAR but a short term sell is also the cards, We still believe that price must still go to 12.0000 before we can see a new high on this pair.
USDZAR Pull-back in Summer but bullish end-of-yearThe USDZAR pair is replicating the previous Cycle of 2016-2019 and right now is at the final Accumulation Phase before the rally to a blow-off top. What the comparison suggests, based also on the 1W RSI (attention the price action is on the 1D time-frame though), is that we may soon see a pull-back towards roughly 15.100 to September and then a strong finish to the year above 17.000.
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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 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!
MAKE MONEY AND ENJOY LIFE 💰
THANK YOU!
GOOD LUCK!
🙏🏻🙏🏻🙏🏻
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!
🙏🏻🙏🏻🙏🏻
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.
