USDZAR-BUY strategy 6 hourly chart Regression channelThe pair has kind of reached its potential I think, and from here I prefer BUY into weakness.. We are oversold and even though indicators are negative, I am worried of a spike upwards. I think it is realistic to say, when GOLD loses again its shine, it can suddenly become a reversal day for the pair
About U.S. Dollar / South African Rand
The U.S. Dollar vs. the South African Rand. The Rand was and became legal tender in the late 50’s to early 60’s for South Africa, Swaziland, Lesotho and Namibia after moving away from the Pound. After the apartheid era sanctions the Rand experienced a great deal of volatility and depreciation.
USDZAR-NEUTRAL BUY strategy 3 hourly chartWe managed first to move towards 18.3300 area after the BUY signal, but we fell short of objective.
Now we are under pressure, and it feels we may see a little lower. However, I prefer BUY strategy still due to the fact some indicators still provide some upwards possibilities.
Strategy BUY @ 18.
USDZAR-BUY strategy 12 hourly chart - Regression channelThe pair has moved little lower, but looking with a longer view point, we are approaching oversold levels (not extreme), but below channel. It is difficult to guess how far below the channel we may go, but with a careful approach we should start buying into the weakness slowly.
Strategy BUY @ 18.0
USDZAR-SELL strategy 3 hourly chart Regression channelThe pair has touched 18.70s and considering the resistance 18.7400 and moving back sharply lower 18.60s, it feels we have started another attempt lower once again. Overall we are caught between a larger range, and short term movements are difficult to grasp.
Strategy SELL @ 18.6000-18.6400 and take
USDZAR-SELL strategy 9 hourly chart GANN SQThe pair is oversold, and for those willing to go long for correction, the move upwards will be likely stalling near 18.4750 (double bottom area.
In terms of the break and the GANN SQ it is likely better to sell into rally.
Strategy SELL @ 18.4150-18.4450 and take profit near 18.2750 for now.
USDZAR to break R20 barrier, and beyondWith a short retracement to 17.50/17.75.
My RSI shows a possible double support at 50. Always a sign for Bull movement ,
See how the Price structure is on the lower buy zone in the parallel structure
Plus horizontal and trend line confluence, shows me the USDZAR - WEEKLY
It is on its way
USDZAR | 02.05.2025BUY 18.4400 | STOP 18.3300 | TAKE 18.5900 | Technically, the picture of the price movement disposes to a slight growth to the levels of previous resistances inside the medium-term descending channel. We also expect today data on the US labour market and the possible impact of indicators on the dolla
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of USDZAR is 18.49066 ZAR — it has decreased by −0.21% in the past 24 hours. See more of USDZAR rate dynamics on the detailed chart.
The value of the USDZAR pair is quoted as 1 USD per x ZAR. For example, if the pair is trading at 1.50, it means it takes 1.5 ZAR to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDZAR has the volatility rating of 0.45%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDZAR showed a −0.11% fall over the past week, the month change is a 0.71% rise, and over the last year it has decreased by −0.66%. Track live rate changes on the USDZAR chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDZAR right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDZAR technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDZAR shows the buy signal, and 1 month rating is buy. See more of USDZAR technicals for a more comprehensive analysis.