Looks good to short... currently in a pullback i believe
HEY EVERYONE Hope you guys are having a good one the chart are playing along, Here's a look at the DOLLAR / ZAR just a predictive young forcaust looking from a higher time-frame trying to figure the strength of the RAND in the near future when we take a close look we see that the pair is trading in a ascending channel just on a pretty large scale respecting...
USDZAR we will only buy when price reaches the support zone don't be impatient chasing the sell move right now
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 &...
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.
If you do not shy away from trading the exotic pairs, this should be on your watch list. The only question in my mind is - when/where will the down trend resume. If you like my analysis, please give it a "thumbs up" and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
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
Hello everyone Here's a look at the DOLLAR / ZAR from the 4H chart, hope you are good have a splendid week. Can we continue to see ZAR gain strength against the DOLLAR in the coming weeks highly possible now we have a significant support level 14.16190 looking for a break of this level targeting FIB EXT -61.8 so on this one looking for continuation with the...
Hey everyone Hope you're having a great one, here's an idea on the DOLLAR ZAR, the pair has been trading in a descending channel and respecting structure with regard to price looking for continuation of this move on the pair targeting both my Fibonacci extensions. the pair is currently trading near structure we could see some range or the formation of a...
Bros, got no time for writing big script , lets kill it together ;) Good luck
The ZAR has been extremely resilient after the Covid19 selloff earlier this year when we saw R19+.the current levels look attractive long term to take USD/Offshore exposure to maintain the technical trend then it will be on sell .Stock markets under fears of new lockdowns due to the rising virus cases The strong Selling on the Stock markets upon the hearing of...
usdzar just hit what was a resistance level now forming a support level hoping that now it will continue to rise to fib level 0.618
Hey Everyone Here's an idea on the USD/ZAR which is currently trading below the 50 M.A in a symmetrical triangle. Targeting a break below since from the monthly and weekly time frames the pair is retesting the 50% Fib on a pull back, looking for continuation of this move with the bears. A break above of structure changes the trading plan. I hope the idea assists...
Just waiting for a few more days before shorting USDZAR. Probably by Friday, also considering the upcoming NFP, sounds like a good sell to me.
USDZAR short : All the entries should be applied if all the rules are applied.