U.S. Dollar / South African Rand USDZAR

This is a long term trade.

Doji expected today. If doji start forming today, I would like recommend to buy at the lowest point, but ofc with stop loss !!!

long opportunity on ZAR this should be good, i'll post another update

Check point - last friday Strength against of dollar - CPI, Interest rate on this week - Brexit No comment for investment strategy, Waiting til confirm for side. GL all.

This is my view on USDZAR. Not my favorite pair but right now there is good opportunity, also need chart pattern conformation.

H4: - Structure: Downtrend - Down channel - Test resistance and close below => Down

FX:USDZAR 1. Lower highs formed 2. Resistance holding 3. Consolidation at resistance (bulls out of steam?) 4. 200ema broken 5. Targets from 14.11 to the 13.90's SL 14.63030 TP1 13.90285 TP2 13.60857 TP3 13.37187 Entered at market price 14.33650

Price for USD/ZAR is forming a possible descending wedge. I am looking for price to pull back to the trend line, following recent bearish price action last week. The first take profit area has 3 different points of confluences, using Fibonacci at various swing points. The second take profit target is also a possibility. Price action would need to be observed to ...

I usually use Daily and H4 for USDZAR and put entry postition after Hammer Candle Stick looks like completely form on daily, if those candle stick form put a buy position but ofc with stop loss, and sell or wait if full body candle stick is form on daily.

When taking signals: - Feel Free to take profits when you happy. - Trade With Care. - Trade With Only Capital You Can Afford To Loose. - These Are Suggestions Only. - These Are For Educational Purposes Only. - Please Factor Spread Into Account For Stop Loss. We are not held responsible or liable if there is a loss of capital.

price direction now appear that usdzar will continue down to the targets i mentioned in the graph small lot and hold it good luck

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USDZAR is approaching our first resistance at 6.8630 (horizontal overlap resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 6.6179 (horizontal swing low support, 100% Fibonacci extension). Stochastic (21,5,3) is also approaching resistance and we might see ...

Key levels to look out for, please refer to 4 hour chart for strategic view!

Hi guys, this pair has just completed a Daily Zig-Zag pattern and has just broken out of it with a triangle correction afterwards. Use your own entry strategy before entry.

time to short usdzar

The US Dollar has been depreciating against the South African Rand gradually since the beginning of August. This movement has been bounded in a falling wedge. During this week the pair has been trying to breach the resistance level formed by the weekly R1 at 14.54. Given that the exchange rate is being pressured by the 55-, 100– and 200-hour SMAs, it is ...

Trading relatively range bound. Descending triangle appears to have formed with potential to break on the upside