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This is a general trend analysis of the South African Rand, using the USDZAR as a study. It recommends selling the Rand (Long USDZAR, EURZAR, GBPZAR) to buy USD or other currencies. The analysis is meant for individuals who might hold Rands with a view to sell them to move to another country. Analysis points to the fact that now is a good time to start the...

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Now we have both respect of resistance and an oversold condition on the stochastics, going long on BTCUSD is favourable. When buying BTC now, a tight stop loss is required as the long term picture ( daily chart ) is still overbought. There are also good candlestick doji formations on the 4 Hour chart and another developing on the daily chart. Short term...

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The overall daily trend is still in a major upward movement. Indicated by higher highs and the 200 day Moving average. The RSI is oversold, indicating some weakness in the price. Some profits can be booked now or held onto, though new long positions or buying activity can be put on hold until some retracement occurs. When the RSI is lower or if there is a good...

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This is a follow on from a previous idea here: . The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart. The resistance is from the previous lows and Fibonacci retracements which line up with the Gann analysis.

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I've entered two positions on the long GBPUSD. Entry 1: Open – 1.328, Take profit 1: 1.3605, Stop loss 1: 1.3177, Risk ratio 3:1 Entry 2: Open – 1.328, Take profit 2: 1.3844, Stop loss 1: 1.3177, Risk ratio 5.5:1 Based on the oversold RSI and respect of Fib (or Gann) 50% with stop loss below the support with room to breathe and good reward ratios.

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With price respecting the Gann arc, I am looking for buying opportunities at the support areas No.1 and No.2. These are also coincide with recent support and resistance areas. I have not placed definitive orders yet as I am watching price action closer to the support areas. I will update as the price action moves into closer positioning.

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There is a bullish flag formation, supported by the price above a bullish 200 MA and a break of the rising trend channel. This is all supportive of an upward price move. The risk reward ratio is at 9:1 with stop loss just under the lower channel of the flag. I don't see GBP strength against the USD, rather USD weakness against the GBP (see DXY). Trend is up, the...

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Recently a friend was interested in moving a portion of money out of South Africa to Australia. Some news came out about the South African President, Jacob Zuma, firing the respected economy minister. The Rand slipped quite a bit, the individual was concerned that they should have moved the funds out, so I performed an analysis of the Rand trend to validate if it...

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This is the reverse of the long trade idea I have on gold / XAUUSD . This trade is based around the major support level at 1214. Simply, if the level holds we can expect price to have major bullish support on the long term. If the resistance level breaks, we can see major bearish levels coming in. We can place an order to sell at 1212 (the break of 1214 support...

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This trade is based around the major support level at 1214. Simply, if the level holds we can expect price to have major bullish support on the long term. If the resistance level breaks, we can see major bearish levels coming in. I will publish a Short trade opportunity linked to this one if the key level breaks. We can place an order to buy at 1220 (or just...

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This idea is the final part of the previous post regarding the pair. The previous idea is linked below but did not have entry levels at that point. The resistances were confirmed so I will be placing purchase orders at or just above, within the general resistance area. The first point of entry will be to short at 111.7, take profit at 109.15 and stop loss at...

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This idea follows on from a previous trade I have with this pair. The idea is linked below. It was shorting on the basis of a channel formation, however the channel formation appears to be broken so a new analysis is being undertaken. I am looking to short this pair. A small range looks likely to occur this week. I've highlighted this range area I am expecting...

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The weekly graph reflects the perspective of the longer term trends. This is the long term view related to my daily study of the AUDZAR.

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This idea is also related to a 4 hourly chart I have linked below, showing bearish candlestick price action currently active, respecting the major resistance / previous price low / pivot area. Recently President Trump announced his budget, but this was not enough to push the USD above the major inflection point. In fact the pair appears to be taking major...

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On the 4 hourly chart we see resistance with the long tails / Dojis in the candle price action. They appear to be respecting the Major resistance line which has previously been a major Pivot or Swing line. A lot of selling activity and short positioning may be occurring here. This might be reinforced with the poor US Economic fundamentals, poorly received Trump...

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The EURGBP has just respected a very old and solid looking support level (label A). This level has been respected four or five times since July 2016. This level suggests buying positions. The upper descending trend line (label B) suggests resistance points. Using those levels as entry and exit points with a stop loss just below the lower extended support line...

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This is taken off of the first trade I have made (lined idea below). The first trade was stopped out, however the same principles are in place. There is major resistance around these levels and the pair may be overbought. For nice high TP:SL or risk reward ratios, I have placed a sell order at 1.29675, with Stop Loss at 1.30075 and Take Profit at 1.24675....

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There are links between bitcoin and Chinese capital outflows and the control thereof and currency relations / controls of Chinese currency. The relationship is highlighted with the comparison of the prices of BTCUSD (light blue area ) and USDCNH ( Dark blue line ). This is useful in helping to form an idea of which direction the BTC may take. Currently there is...