USDZAR Long Supply And Demand Trade Setup-Price broke uwpard ML -Price removed opposing pivot supply -DBR created -Valid 1TF swing or use 4hr demand as HTF and wait for new LTF conf day-trades. -Spread will be wide + comossions high... Ideally not for most traders.Longby MoneyballAustin4
Buy on USDZAR - Possible movehi guys hope you well. Has been a while. USDZAR BUY. Possible move to the upside. Good luck. Please note: THIS IS NOT FINANCIAL ADVISE. TRADING IS RISKY AND YOU CAN LOSE YOUR CAPITAL.Longby Shaunnero15Updated 1
Usdzar longsUsd is in a clear long term buy and it will great if we followed the trendLongby mulima16j1
USDZAR: some rand weakness?A price action above 18.95 supports a bullish trend direction. Increase long exposure for a break above 19.25. However, the ideal entry is close to the 50% Fibonacci retracement level. The target price is set at 19.60. The stop-loss price is set at 18.65. Remains a risky trade.Longby Peet_Serfontein3
USD/ZARHi everybody when i see the usd/jpy and usd/zar i get from them that maybe we can see the diminishing in dollar value and rising in precious metals price (south africa most income is from exporting precious metals) okay may it makes you weird but that is the reality .....ther is no alternative for fed to avoid from printing money again...... Gooooood luuuuuuck Shortby Logical_Markets2
USDZAR Ascendıng trıangle Hello Everyone we are tradıng now thıs ascendıng channel untıl waıtıng for a breakout the breakout from the up or down from thıs channel, the breakout suppost to be to downtrend 18.500 or to uptrend on the 19.300 after retesting it on that price, until that time we have a trade with the ascending triangle Set the \TP : 19.300 SL : 18.900 Please support us with a like comment and follow and thank you Longby EMA_Trading10107
USDZAR SCALP SELLThis is just a quick scalp sell to start the week off. I know, I know; it's a counter trend trade....but I'm 98% sure that this trade will hit tp. Might even have a 3rd entry between 19.10-19.18 zone. Happy Trading!!Shortby amostradesUpdated 225
USDZAR ForecastThe USDZAR seems ready to be bullish, no long ago we anticipated a correction for wave (2) which then occurred and traded to a 50% Fibonacci retracement. The upside will last a lot longer we can expect it to break the previous high with a Fibonacci projection of 1.61.8 as that is common for wave 3s to extend to that level. Longby Weshareio445
USDZAR long tradeis it trying to pull back to long. push the resistance zone and going up immediately. by L_the_Trader114
USDZAR-SELL strategyThe pair is revolving around GANN support 18.8400 area, and for now, our previous shorts may be aborted and SELL again in the range of 18.8900-18.9500. This is a personal decision to make. The stochastic is negative as well as the RSI, and pressure is likely to remain because of that. Strategy SELL @ 18.9250-18.9700 and place stop-loss above 19. 0800 for now. Profit order Q@ 18.7850. Shortby peterbokma441
USDZARUSDZAR sentiment Bullish for the week liquidity below needs to be collected below price goes higher wait for demand to be collected before going longLongby waynepipkill222
USDZAR BUYUSDZAR price drops sweetly to newly established support at 18.85 early this week 11-15 September. Price recently broke out a bullish channel and this looks to me like a retest. Now would be a good time to buy and exploit the possible weekly and monthly pullback.Longby Technical_AnalystZAR1
USDZARUSDZAR is set to continue with its uptrend following the inverse head and shoulder on the daily timeframeLongby thibeditee5292
USDZAR ANALYSISHello guys, this particular pair has been carefully analyzed and awaiting a pullback and confirmation for buys .. I will only be interested in SHORT if price breaks the demand zone creating a new low with visible confirmation GOODLUCK!!Longby The_pips_trademaster4
USDZAR-SELL strategy daily chartThe pair starts showing a direction towards the south. The GANN fan provides resistance @ 19.2200 and 19.3350 area (trend line resistance). The stochastic is negative, and this suggest lower levels to be seen. Strategy SELL or remain or add short @ 19.1500-19.2100 and place stop-loss above 19.3350. Profit order near 18.7300 but monitor 18.8700 support. Shortby peterbokma6
USDZAR | Weekly | UpdateLooking at USDZAR on our weekly chart we can notice that USDZAR has been failing to break to the downside as has been respecting our previously outlined levels. To elaborate further we can take note of the fact that USDZAR’s failure to break through our 17.50xxx Psychological level confirmed a new higher low on the pair after which it started rallying back up and is now trading above our 19.0xxxx price point; we can also take note of the fact that after USDZAR failed to break our 17.50xxx level creating a new higher low it gave us the opportunity to identify the formation of that bullish channel within our already existing long term bullish trend. Now looking to the right on USDZAR we can notice the possibility of it creating a new all time high between our 20.50xxx and 21.50xxx respective levels and considering the current economic climate in South Africa and the upcoming elections causing further instability in the ZAR so we could possibly see the USDZAR head towards these levels as we head into 2024.Longby mosa_moshka334
Inverse H&S on USD/ZARLooks like an inverse head & shoulders pattern on the USD/ZAR trading pattern, I’m expecting R20.00 and higher per dollarLongby FreddyFlamingo0
USDZAR- Dollar weakness creeping inThis is the second time the pair finds resistance at around 19.30. Momentum has started to shift and this time it is dollar weakness rather than Rand strength. Coming out of over-bought territory now with some proper selling pressure overnight, I expect a ZAR rally back to test at least 18.50 from here. This looks like a nice little USD short opportunity for around 60c over the weekendShortby RobbyP0
USDZAR (SHORT) Neckline of inverse head and shoulder (predicting weakness of Dollar and the index also shows weakness.)Shortby MR_US30_ZAR11110
USDZAR-SELL strategy 4 HourlyThe pair has formed a likely "false bull flag" pattern, and usually this means a move lower after a solid break of the base of the flag. The support is 19.1600 area, and the top is 19.3650 estimated. The potential is a move back towards 18.7500 cloud support. Strategy SELL @ 19.2250-19.3150 and place stop-loss above the flag resistance currently 19.3750 suggested level. Profit @ 18.7850. Shortby peterbokma4
South African rand in trouble - Next target R21 :(Inv H&S has formed on the USD/ZAR since 6 June 2023. The price has recently broken above the neckine, showing the US dollar is poised for upside. The DIXIE (US Dollar Index) is also showing upside to come. 7>21>200 and confirms the US dollar is going up. RSI>50 - Bullish First target is R21.00 ABOUT THE DIXIE: HOW IT’S CALCULATED The USDX is calculated by the Federal Reserve Bank of New York and is based on the exchange rates of six major currencies: the euro (EUR) – Accounts for 57.6% - ,Japanese yen (JPY), British pound (GBP), Canadian dollar (CAD), Swedish krona ( SEK ), and Swiss franc (CHF) . Longby Timonrosso5
USDZAR 4H ForecastWe're in a bullish sequence on USDZAR, we're in a wave 3 phase which will unfold as an impulse wave. USDZAR will most likely trade bullish based on inverse correlation where XXXUSD trades on the bearish side. We can expect a minor pullback which may result in a significant buy very soon.Longby Weshareio3