Head and shoulders patternlooking for a short positions on the weekly time frameShortby Trade_IncognitoUpdated 1
EURZAR Buy Opportunity-04.09.2017Hello Guys, Buy opportunity presents itself today especially if price action closes strong above the current minor support turned resistance @15.45. Take profit should be above 15.60 with stop loss below today's lows of 15.30Longby Kipyegonn1
EURZAR Buy Set Up-31.08.2017This currency pair provides a good opportunity to conclude August month on a high. Price action has been consolidating horizontally after that strong bear pressure which begun with a strong double bar bear engulfing pattern. Current fundamentals from South Africa are not that supportive of the Rand. Its economy is shambolic to-say the least and as they slide into recession, Repo rates shall be slashed in the near future. I will look to enter long and trade as follows: Buy: 15.45 Stop Loss: Below 15.42 Take Profit: Ideal at this week's highs at 15.75Longby Kipyegonn1
EURZAR Watch for strong breakout Hi fellows, This pair seems to me is setting up for reversal. We have very nice impulse and flag now watch for strong breakout. Look for sell before the breakout. In case price close above the impulse i will remain bearish and will look for short from new high within the channel. Good Luck fellows.Shortby Wave-TraderUpdated 2229
EUR/ZAR H4 SZW1 --> uptrend. Price in control of Supply zone. D1 --> uptrend broken. New Supply zone. Price remove opposing Demand zone on H4 chart also created very good Supply zone at the extreme of that move down which is nested in Weekly and Daily SZ. Potential short but remmember it is countertrend because Weekly is stll up.Shortby DeszczUpdated 5
Wait for sellNice bearish continuation pattern has completed all we need to do is to wait for priceaction.Shortby zsizsizsozsohalak880
EUR/ZAR possible sell medium/long termProns: 1. EUR/USD has potential to weaken - the price now is inappropriate to conditions in Euro Area - flat GDP which can negatively affect CPI in the future, 2. CPI is still far from ECB inflation targets - it will take a time to be confident about inflation growth and GDP, 3. Commodities like Gold have potential to growth in the future - it will positive affect on South Africa economy (gold exporter), 4. Good positive swap - additional profits from holding position EUR/ZAR. Cons: 1. Risk from changing ECB monetary policy - it could positively affect euro price. Presented Idea is only an assumption, one of many possibilities which can happen. Always invest consicously. The price can do anything at any time. Shortby DavidFXMarkets3
Eur/ZarIn the 1hr chart, there is a kumo breakout and a TK cross. Shortby Ichimoku_Hokage_NinjaUpdated 6
EURZAR cross pair new weekly demand zones playing outEURZAR cross pair is reacting to a bigger timeframe monthly demand zone, new weekly demand zones are being created, last one at 14.21 is playing out nicely. New levels of demand being created. Long biasLongby AlfonsoMoreno7
South African Rand at risk of resuming its downtrend. #ZARThe Rand has been in a Long Term downtrend. After breaking out a rising channel, which looked corrective, it now appears ready to resume lower. Shortby RudiMarinUpdated 6
AFTER RETEST LONGBULLS CONFIRMED NOW I AM WAITING FOR RETEST FOR ANOTHER LONG ENTRY Longby danielleon23Updated 4
EURZAR think there is a good chance to buy the current. Wait a signal (daily candle close on ema 3).Longby tbolognesi13Updated 114
EUR/ZAR AnalysisEUR is behaving the same way as the USD & the POUND against the RAND EUR/ZAR - The EUR has lost almost 4% against the RAND in 12 days. Will it also bounce back up ?by Elektro-Analysis5
EURZAR - A perfect setupA setup can't get much better than this for the system I am using; both time frames align perfectly to create a low risk high probability trade. On the weekly chart, a return to the wave after a long period of buying the Rand also marks a test of the broken H&S neckline. This is all you need to go look for a trade on the daily chart. Note that the impulse is still green and that keeps me from putting on my full position. On the daily chart, a perfect double top with confirmed class A bearish divergences on MACD lines and histogram, and a dark cloud cover for the trigger. As soon as the impulse turns blue on the weekly chart, I will double my short position. Keep in mind that the Rand yields 7% per year, so the longer it takes for this pair to reach my target, the better. Soft stop above the double top, first target at the swing low, if that breaks, look for 12.6.Shortby vlad.adrian7
EURZAR - bullish impulseBulls are likely going to deliver an upward impulse in wave ((c)) of Bby Ignat_Borisenko8