USDZAR
USDZAR SHORTPossibility for a short term short on USDZAR. This pair is a high-risk pair as respects fundamentals more than TA. However, like his analysis, there are opportunities.
USDZAR SHORT!Hi,
Currency pair is currently is down trend however on daily TF it shows some good sign of strength
If we look out into Hourly TF, it looks like pair is trading near its zone/ resistance zone.
On 4H & 1H , it clearly shows sign of weakness..
Safest SL is above: 17.88251
Thanks!
USDZAR Double Bottom Pattern USDZAR formed a double bottom pattern, but we need to observe whether we are ready to open position or not by checking DXY.
Whenever DXY turns bullish you can open your positions to count your pips!
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USDZAR SELL OFF. Good morning traders we have a small break on the 4h up trend and i am looking to short usdzar to the low 15 Rand levels.
USDZAR POSSIBLE OHLC MONTHLY (AUGUST) AND YEARLY STRUCTURE
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OHLC AUGUST MONTHLY STRUCTURE /OHLC YEARLY STRUCTURE
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Kindly wait for price to find a strong resistance. We will find confluence with other technical indicators for a VALID SELL ENTRY. Remember we still in the first week of the month which means beginning of session traps. Trade with Caution.
Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
EM currency pairs overview $USDMXN $USDTRY $USDZAREM currency pairs and exotics seems to continue their uptrend $USDMXN $USDZAR $USDRUB among the others. Now is a good moment for the trade entries.
USDZAR ANALYSISUSDZAR broke major downtrendline on H4 frame
Price broke key level at level 16.9040 with strong bullish movement
Price is above HVN level 16.6836
MACD shows bullish momentum
It's expected for the continuation of bullish movement to first target resistance level at 18.0000
then finally target supply zone at level 19.1875
Possible shortPossible bearish if market does not break the trend resistance line,If you want to go short a sell stop will be dope @16.70159
Buy the Breakout of 17.04... Exotic Pairs Rise in USD Weakness!!Exotic Pairs Rise in USD Weakness!!!! Buy USDZAR, USDNOK, USDMXN
From last couple of years.. whenever there is weakness is in USD.. the Exotic pairs always gone for more rise and new highs!!! So right now USD weakness is all over place.. but exotic pairs starting showing potential to go upside.. USDZAR has made double bottom on 4hr and Daily.. Only thing is stalling it 200 sma on 4hr.. and then we have 50 sma on Daily.. Once clearly 17.02 taken out i am expecting another new high by taking out 19.34!!!!! I think correction has ended so a new wave is on its way.... maybe this time 21 or 23.0?
Chart of usdzar is very clear.. and USDMXN is also getting ready to test its upper resistance trendline..
USDZAR LOW OF NEXT WEEK BUY ZONESee how you can grab some money from this and check out the daily chart from yesterday.
Good luck!
YELLEN
USDZAR ANALYSISUSDZAR broke downtrend line and key level around 16.802
price above SMA 100
MACD shows strong bullish momentum
RSI in uptrend line
so its expect bullish momentum to resistance level 1 around 17.200
then to resistanc level 2 around 17.500
USDZAR [1H] Hitting Top again Must Sell it 🔥🔥🔥USDZAR Hitting Top again Must Sell it 🔥🔥🔥
USDZAR 1H now hitting on resistance zone and previously, had to test the resistance and could not continue
That it key to profit Sell it on Price close (No break)
Goodluck Big Profit ✅✅✅
