I only use Wavetrend, and volume indicators, all indicators show bullish movements ahead. Bull signals to go long on Dollar Rand. Linear Regression looking bullish Daily and weekly Wave Trend Indicator Buy Signal Bullish Daily and Weekly. Buy and Sell Volume to Price Pressure Bullish. Decision Risk Bar Bullish. Daily and Weekly.
OANDA:USDZAR IT seems as if the downtrend movement has ran out,a possible reversal of trend on the OANDA:USDZAR may occur at the area 14.68170 up until area 14.90550
DUE TO THE XENOPHOBIC ATTACKS IN SOUTH AFRICA, THE RAND STRUGGLES TO REGAIN STRENGTH !!! SELL USDZAR STRONGLY!!!!
USDZAR lining up for the all-time HIGH level of R16 to the Dollar. With the recent healthy price pullback from 15.40 we are seeing the formation of the Higher High / Lower Low Formation in play. I recommend holding Long Term on Buy Stop Pending Order for the protection of capital and reasonable risk ratio application. ENJOY!
OANDA: USDZAR buy the pair now and take your final profit on 15.48480 and your stop loss on 15.32800
For Study purposes only. If you enter this trade you do so at your own risk. Considering technicals as noted, watching for a pullback to the trendline and continuation up. I do not believe the rand is ready for the big drop just yet. We have what appears to be a descending wedge forming, which would allow us to see a push up, even if short term. 200 pips minimum...
JOIN THE EXECUTIVE FX TEAM ON TELEGRAM ( @executivefxsignals) FOR LATEST SIGNAL UPDATES AND CHART ANALYSIS CONTACT ADMIN ON TELEGRAM (@fxofficial)
Triangle pattern breakout completed Level re-tested as support Buy signal printed by price action Pinning 21 sma Buying at market price 15.43022 with # SL below the pin bar @ 15.36966 and # TP as per triangle range to target @ 15.81607 1:6 Riskto reward ratio Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report...
OANDA:USDZAR Are you ready for this ride... Details on the chart, Happy weekend, Pipdify, Tamilkumar
if you have your market view, please share it in comments Also, you can ask me questions... Have a great day everyone!
Hello to all watching my charts Here i will tell you (again) the power of trading broken trendlines for example in USDZAR a little bit exotic pair but its interested that here also this trading type will get very positive results. Lets have a closer look to the last 2 Month from 7. June to 7. August Now what happens: 7.6. USDZAR broke the first long...
Follow ArrowPips : ) USDZAR will continue the uptrend after validation of the recent support. Possible long after bullish setup.
PROJECTED TARGETS : 14.2500 & 14.3000
Market sentiment $14,0000 Buy-$13,6377 Stop loss-$13,547 Buy-$13,3377 Stop loss-$13,257 Profit-$16,24-$17.44 First buying order has to work before july 30. July 31st is the session of Federal Reserve
USDZAR has printed a long tail (hammer) candlestick at an area of strong support where we have seen the pair rebound in the past several times (green cirles). Furthermore the pair broke the support and recovered in a very strong way. The market is also approaching the descending trendline dating from the beginning of June. RSI is printing a bit of a divergence...
PROJECTION - 14.2600 ENTRY ON BREAK OF 13.9500
WE CAN SEE THE MARKET TOUCH SEVERAL TIMES TO THE SUPPORT LEVEL, WHICH MEANS SELLER THEY ARE NOT IN-CONTROL NO MORE, WE PREPARE FOR GOING LONG