byronhall1978

byronhall1978

Global markets are taking longer to decline than we initially anticipated, the macro-economic indicators have deepened, since our last article, which could potentially show further downside. When one looks at the 2 parallel orange lines, one can see the continuation of lower lows, showing a continued downside trend, however we are waiting for the macro-economic...

byronhall1978

Based on macro-economic indicators and technical analysis, our view is that the USD ZAR will reach ZAR 25 for 1 USD within 8 months.