Pair khas utk pak itam !Sy rasa ini minggu boleh sell lah utk pair usdzar. sbb minggu nie dia OH and keep turn down. so we just focus to sell entry jela okay. ko sekolah tak? FX:USDZAR
USDZAR
USDZAR oversold on daily, but no divergence yet. Time to buy?
USDZAR oversold on daily, but no divergence yet. Is it time to buy yet? With DXY at resistance zone with potentially a bit more up, I would definitely not sell at this point. 17.51 has been proven strong support for now. It might potentially pull back to 18.2 area before dropping to 17.26. Selling the pullback would be the preferred option imo.
DXY:
USDZAR Finding SupportThe Rand had a good run the last 2 weeks but the following reasons may hint to a price support at current levels:
1. Price currently at 50% Fib Retracement level.
2. Horisontal price support from 2 months ago.
3. TD indicator on a perfected daily 9.
4. RSI at extreme low levels.
5. Triangular pattern plays out at current levels.
Can the Rand strengthen more? Offcourse yes, but only on the back of a weakening Dollar I would say.
Probability though more to the "price support" theme at current levels.
Bull in a bear's clothing USD/ZARPrice hasn't reached Fibo 38,2 which is a strong Support. However, I am long bias at least for some day currently. Monday should close above the Friday-Candle to form an Inverted Hammer to confirm a possible bullish move to at least Fibo 23,6 and possibly reach the Trendline (if it's still higher than Fibo 23,6). I personally still think a saver bet would be a short if the price is around the next Lower High. Reshuffle at Fibo 38,2.
USD/ZAR MULTI-TIMEFRAME ANALYSIS Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
USDZAR Yearly Structure OHLC ( Long Term Sells) Please support this idea with LIKE if you find it useful.
USDZAR
Monthly
Price Has opened High since the beginning of this year with May finally creating a “potential” high. If price closes bearish this month we tanking down . Also a huge bearish divergence starting all the way from the 1st of February 2016 till May 2020 ... perfect indication we going down . Waiting on extra confirmation for proper sell entries.
WEEKLY
Earlier today we had what seemed to be a bullish divergence which later got corrected with a huge bearish move breaking below our fib zone confirming the presence of Bears in markets. Price can still push going down .. waiting for extra confirms for sells .
FX:USDZAR WEEKLY TAKE PROFIT IF U SELL 17.41398
DAILY
Price is trending bearish due to the breakout .. wait for OHLC in H4 for entries in m15.. Patience 🔥🔥🔥
WEEKLY TAKE PROFIT IF U SELL 17.41398
🔥🔥🔥 Patience 🔥🔥🔥
USDZAR short ideaPrice recently broke out of wedge formation, expecting price to continue move towards support zone 17.30523
USD/ZAR, price in strong downtrendWe will be looking for selling opportunity if price breaks the area of previous support now turned resistance. After the results of IRD, there is no doubt, that trend will continue. Pullbacks offer value.
UPDATE ON NASDAQ, GOLD, GBPUSD & USDZARHi guys,
Here is my scorecard for this week. Hopefully these ideas put a few pennies in the pocket.
Best,
Fibz
USDZAR OUR FIRST TARGET REACHEDUSDZAR OUR FIRST TARGET REACHED
Hello, here is my analysis for USDZAR .
Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
USDZAR Long+Short Trade Idea Latest Updated 2020 By HydraI appreciate your coming to see my Idea .
please Comment, Like and Follow to encourage me.
THANKS
if You Need Trading guide, ANY Notes about trading Feel free to message me.
Forex Trading are leveraged product & can result in the loss of your entire capital.
Please ensure you fully understand the Risks involved.
ridethepig | Dovish SARB On Deck!We are reaching the lows in the range right on time for SARB today. Markets are expecting a 50bps move, a little bird tells me that we are set for more... Remember the domestic story in South Africa is only going one way; sadly it's the same outcome as Turkey.
On the technical side, tracking closely the 18.00 support to build longs outguessing a dovish SARB. Look to target the 18.5x and 19.0x highs and lighten up below 17.7x.
Good luck.
USDZAR LongLooks like a liquidity sweep below the (X) and bullish divergence printing from prev. low in the range. This is a great r:r long trade.
It also looks like DXY is moving up slowly and USDZAR should as well w/ reasons stated above.
Trade Details on the chart
Not investment advice
USDZAR BUY INTRADAY IDEAHi Traders,
Have a look and see if it will make sense to your bias.
Good luck,
FIBZ
USDZARThere no actual secret to trading , just practice , watch videos from reliable sources and polish your skill . a loss is an opportunity to look back and rectify your mistakes .
USDZAR SHORT AFTER RETESTHello, here is my analysis for USDZAR .
Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
