U.S. Dollar / South African Rand USDZAR

tradingtudi Premium

Gann Technical Analysis: USDZAR 4 hour chart Overall, we’re bouncing off the 12 April low with the price action firmly contained above the rising 1:1 line. The recent pullback from the 22 October peak could not penetrate the descending 1:4 line and is now enjoying a powerful rally. According to Gann principles we could see the price continue to climb until the...

Timonrosso Pro

It's been an interesting development with the USDZAR. Since it broke out of April's uptrend, the price is now retesting the resistance (which was support). I suspect that the price will be oscillating between the range of 17.63 and 16.91 in a box formation for a few weeks. Only if the price breaks above or below, will we get some sign of where the rand is...

DjRedEye

Hi Guys Good luck to you! Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!

Michielfourie89

On the Daily chart we now have our first impulse that left behind a FVG, Tomorrow is NFP and the 14th of December its CPI. a good read on NFP could be the fuel this even more, a higher CPI read could really fuel this to the upside. Rates in the US will go higher, a 0.50 % hike or 0.75% hike doesn't matter its going higher.

Khiwe Updated 

USDZAR is potentially bullish to 17.2 and find resistance to fall in the 17.1 region for a bullish pullback up to 17.4. The overall trend is bearish, but for now, I see a bullish pulse in the higher time frame.

Michielfourie89 Updated 

USDZAR Price is currently at a key institutional level @ R17.00 Price aligns with a weekly Bullish order block and also on the 61.85 retracement that put the price at a discount, Wont be surprized that we start seeing accumulation of longs here. To target R19.33

Timonrosso Pro

Rounding Top (Scallop) has formed on the daily chart. The price has broken below the neckline which signals bearish for USD Also the moving averages are almost looking good. 21 > 7 >200 - Bearish First target R15.92 The correlation between the Rand and the JSE stocks have somewhat reversed as of late. When stocks rise, the rand tends to strengthen and vice...

Worldofchartsfx Pro Updated 

Recently got very goood profit from usdzar in shorter tfs now its breaks ascending channel in daily tf expecting another 6 to 7% BEARISH MOVE IN COMING DAYS

FORTIFIEDFX Updated 

A possible Buy Zone is establishing. This could go to the previous high.

DNP-FX

Investors tend to be side-lined ahead of the minutes of the US central bank's (The Fed) FOMC meeting and the thanksgiving holiday. The weakening of the dollar was supported by the return of risk on sentiment. USDZAR breakout daily support from bullish channel pattern. A bearish trend has the potential to occur in the next few days.

BLVCKLISTED_FX

Currently on Peak Formation Low. So will start o look for buying opportunities this coming week .

Panashe02

technical analysis break retest smart money break of structure fibbonacci

John_Bat_RSA Updated 

Break out on 4H 1 MONTH+ LOW Weekly resistance Risky short

ahmedmehmood68

USDZAR is going long because of the ongoing inside bar bullish candle and also the formation of a green candle at the 4H and Daily timeframe resistance.

PIPPINTRADER

Hello. Looking for USDZAR to make a move upwards. 1. Ending structure 2. MACD divergence 3. Looking for price reaction at Price 16.86 Trade with care

Mhangwane1

This was an idea I had but because this is not on my watchlist I could have never ever taken it as it would have disturbed what I set out in my rules. I quickly learned how the UZ moves and the long candles that take place within it. So if I had adjusted the SL, this would have been a great trade.

03:46

nezam02 Premium

Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.

FORTIFIEDFX Updated 

PEPPERSTONE:USDZAR Shows on the H1 to the bullish movement.