Get started

ZAR

ZAR strength not necessarily overMedium-term bullish trend still seems to be intact for the USDZAR, after its recent weaknesses (strength in the US Dollar). It currently finds itself back at the 50-day Moving Average (EMA), with a break and close below R14.07, bringing back the strong support level at R13.95. This is a strong support level, with a break lower, most probably bringing back R13.50 (short-term target). Should we however see further weakness, with a break above the bullish trendline at R14.30, could see the USDZAR only find resistance again at the 200-day EMA at R14.86. For now, I still believe that the Rand is in oversold territory, which is confirmed by its 14-day RSI.
Short
by SchalkLouw
4
EURZAR bounce over a monthly support 🦐EURZAR on the 4 chart test the monthly support and start to trade to the upside. The price is testing a minor resistance zone and according to Plancton's strategy if the market will break above we will set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6