#USDZAR 🇺🇸🇿🇦 #UPDATE In spite of the fluctuations the juicy gains of + 1627 pips could be done here , with the stop-loss picked-up properly . Now I stick to the previous vision with even a larger confidence.
Hello Fellow Traders, Here is a Full Updated Analysis on USDZAR Conditions - 1. Wait for confirmation(Wait For Price Action Confirmation / Break of structure ) 2 .Use Risk Management (Risk 1% of your capital) 3. Do your Own analysis! 4. Entry on The 4H Timeframe! 5. Show some support Below! Let Me know if you have any Questions or Comments Below Happy Trading &...
Price confirmed the downtrend line and now gearing up for the break. Waiting for the impulsive break of the current resistance on the 15 min chart ( see below ). Once broken we have target levels open at 15.70 and then 16. Please support the idea and share your thoughts on USDZAR! Good Luck and Stay Healthy!
In this video, we look at the U.S Dollar's current strength against the Mexican peso and South African Rand being caused by rising U.S Government 10 Year Bond Yields. The trends remain firmly in play for more dollar weakness, and potentially additional selling opportunities for both currency pairs.
BIG OPPORTUNITY IN USDZAR - USD/ZAR Dear Friends , This is "Weekly" chart for USD/ZAR - High is 19.33 and current Trading between 14.67/14.69 , Huge Support at 13.97/if broken next big support 13.16 , Important part is RSI which is already at 30 and since 2009 it never went down below this point in weekly chart , weekly chart means you can see here for long term...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (14.7415). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDZAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (14.7415). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDZAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
USDZAR after the long dowtrend reaches a monthly support. The price bounced sharply and create a nice impulse. Now the price is consolidating below a minor resistance and if the price will break above we can consider a nice long position. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵...
Minor breakout above the short term channel, MACD cross-over buy and dollar gains today will generate a "three white soldiers" candle pattern. Possible move towards 15.40.
Hello Traders Just quick analysis on USDZAR. Be careful on invalidation level as this might be potential breakup level FX:USDZAR
We already know how the economy is bad in Soutb Africa recently, however i expect things to go worse for the next 6 months, and usd strength may create new highs on the pair. please leave a like and comment.
looking for buy long wait fully breakout or retest ...... OANDA:USDZAR
USDZAR is already over sold and but there is more vision about sell as you can check in the weekly candle i will be retouch the 140.0000 but for medium term is should be retrace back their is a possiblaties as well. entries should be applied if all the rules are applied. do comment or Dm us
Currently, the price is in the key zone and very close to Weekly 200 MA. RSI is under 30 in Weekly, Daily and 4H timeframes. The price is also touching 1.618 Fib level. DXY (US Dollar Index) also hit major support level. I think reversal is soon for USDZAR to continue bullish trend. However, bears may push price to 14R level (Strong support level), it may reverse...