zambia

LordGareth

So I have been privately analyzing USDZMW since 2015 and this idea of the USDZMW was created in 2021 after the elections(SEE BLUE HIGHLIGHTED PERIOD from 09 Nov 20 to 16 Aug 2021). Make of it what you will but the 29.71 price range if achieved could spell uncertainty. We have been in an up trend for the majority of the time and the drop from 22 to 16 seemed to...

samuel_songwe

Market traded straight back into the monthly supply zone. Even though this trade idea is about a short back to 15 it will generally take a whole lot of fundamentals to play in favor of ZMW. I personally expect market to stabilize in this zone. Market closing above 22.6 on the monthly Time Frame is not what we want to see as it would trickle to market creating...

samuel_songwe Updated 

USDZMW looking forward to continuation of the down trend after the market mitigated some of the imbalances on the highs. Markert made a bullish engulf candle signaling a good sell off probability which is currently being tested and mitigated. Currently the Zambian economy is facing a form of uncertainty as it has not yet successfully come to an agreement to...

DalitsoTembo

Currently, the Zambian kwacha is facing several challenges that are impacting its value in the foreign exchange market. One of the main factors is the high inflation rate, which has been driven by a surge in food and fuel prices. In addition, the country's external debt has been on the rise, and this has led to a decline in investor confidence. These factors,...

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Arne808

Bullish trend continuation once we break above the marked key level K18.75 . I expect price to go back and test the all time high K22.62

paulsabao

after the formation of the falling wedge pattern this indicates that the market price might still be going long which is a long position signal

paulsabao

BTC/USD looks bullish this week as i have seen that the market price its about to form its lower high on the 4 hour time frame plus with the pin bar formation on the 4 TF and price reaching the trend line which is acting a support

UnknownUnicorn22374254

Now this is by no means financial advice but mere analysis. When I saw price break the Daily Support at 17.63 , my immediate anticipation was we’re going lower. Depending on what happens today at the Daily Support & Resistance (16.95) I believe it will reject and hold around that area for a while or it could right off break through and right for 16.4

DalitsoTembo

Appears to the ZMW will hit an all time high, next levels around 24-25.

Timgucci

Nice bearish engulfying on USDZMW, I expect the Zambian Kwacha to appreciate even further as the US dollar weakens. See my Fisrt call on buying some Kwacha and Selling the dollar here.