Hello traders! In my opinion, in medium term this pair will be in these levels : Target: Sell 16.790 Wait for confirmation! Don`t forget to look the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Looking to buy the pair for the week ahead, and looking to short it at R17.1989 .. Just a trade idea keeping it simple.🙂
USDZAR has formed a very strong bullish price action on daily, weekly, and 4H. Price has just tested the weekly neckline and formed a weekly doji and daily bullish candle on daily 20EMA. It is highly likely that USDZAR will continue to rise from this zone to continue its uptrend. Press the like button if you enjoy this content :)
Hello,Friends! In this market situation, I am looking at multiple indicators And I can see bullish momentum accumulating on the pair right now This setiment makes me bullish biased and I am considering a long! Like and subscribe and comment my ideas if you enjoy them!
The DXY let off some steam following yesterday's relatively upbeat US GDP data for Q2 which opened the window for some ZAR strength. The DXY's recent rally saw the greenback gain roughly 4.4% from the past 10 days but the yearly high of 109.27 remains intact for now. All the focus will however be on Powell's Jackson hole speech later today and markets may have to...
The USD/ZAR rallied with eagerness after it went down to a significant demand area at 16.20000. Now, the price has entered a short period of consolidation, as traders anticipate this Friday’s speech by the US Federal Reserve Chair Jerome Powell. The technical chart on the USD/ZAR daily timeframe suggests that a strong supply zone is currently present between...
USDZAR POSSIBLE SELL SETUP, After the rally, we are waiting for a retracement to occur
The dollar index is almost at the top and I think that it will go down. Thus, the short position for the USDZAR is looking more possible for me
IN this update we review the recent price action in the USDZAR and identify the next high probability trading opportunity and price objectives to target
USDZAR (4H) has formed a strong bearish engulfer on the 4H timeframe with a strong breakdown in the direction of the trend. Price action is showing a possibility of to drop in the weekly support from this zone. Thank you for visiting the idea, press like button if you find value in this analysis :)
Wait for a price action signal for an entry.
USD/ZAR After A strong uptrend, the Pivot point 17.081 works perfectly like a resistance where the price rebound and, with the confluence of the Stochastic that, from overbought come back in range zone and the divergence of the RSI gives us all the clues for a bearish signal.
Expecting Wave 5 After the completion of Wave 4 count invalid if wave one is crossed
USDZAR ( 4h) is moving along a downtrend after rejection from the monthly top. Currently, the price has just completed pullback and now creating a possible bearish engulfer which upon close, could create another selling opportunity! If you find value in this idea, press like button :)
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
**Risk-to-Reward** 1:15 Buy USDZAR @ 16.71524 Stop Loss: 16.66264 Take Profit: 17.50500 Use the Risk-to-Reward Visual Trade Levels For Risk Free Trading ***I personally am trading a 100k account so I focus on 10 total Pairs excluding Crypto daily, risking .25% per trade position aiming for anywhere from 1%-3% gain.*** I am an institutional style trader...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
VALUE area good rr inline with HTF good structure to the downside double TOP