U.S. Dollar / South African Rand USDZAR

This is early. UZ consolidating. At resistance point. A buy entry could develop. If it does, it will have an excellent Risk/Reward ratio. M: https://www.tradingview.com/x/2mILpvun/ Last completed candle is bull bar with bearish wick. New higher high compared to 11/2017. Not actionable trade information. W: https://www.tradingview.com/x/W7b1qIlq/ Last ...

1 hour Divergence at strong level. Anticipating the formation of a Triple bottom to execute long.

https://www.tradingview.com/x/oTCrVcHa/FX:USDZAR 15 minutes chart. Enter @14.4007. Target: 14.4637 Potential profits of 630 pips.

Pair in bearish trend after massive bullish run due to dollar strength, possible retest of bearish trend line then back to 127 Fib extension.

Cypher on Cypher

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=> Here we are positioning to the buy side and fading the recent strength from ZAR. => For all of those following our portfolio on Tradingview you will have noticed us tracking a rebound across some parts of the EM spectrum, South Africa is not one. => Timing wise... CPI data on Wednesday will come in slightly lower than expected but still remaining way above ...

TP = 15.400 hit, quicker than expected, as the 1W Channel Up (RSI = 57.959, MACD = 0.486, B/BP = 1.1840) aggressively moved towards a new Higher High. Equally aggressively it has pulled back (Highs/Lows = 0) to a new Higher Low on our projected curve support. We have already bought this low and our long's TP is 15.88200.

=> Confirming a break of the channel earlier in the quarter we are seeing the knife really being stuck in here. A test of the highs seems only a matter of when, rather than if. => Our previous ZARJPY trade (see related ideas) was a flawless 7% move via the combo of S.Africa slipping into technical recession and the loss of investor confidence via ...

There is a daily ascending trend line to look for. If you look on the 4hr, trend is down. Lets see if DXY rejects resistance if we can make a move lower. If not, than wait for a break retest if the descending trend line on the 4hr Here are the 2 charts.

In this chart exercise, it becomes blatantly clear why the Aussie is often referred to as a proxy for emerging markets. We've created an EM-weighted index with 7 currencies (Argentinian Peso, Turkish Lira, Russian Ruble, South African Rand, Chinese Yuna, Indonesian Rupiah, Indian Rupee). Do you notice the extremely strong negative correlation? As long as the ...

USDZAR

=> For those who were looking at the MT weekly chart here is the range we are currently trading. => Solid resistance at 16.00xx with support at 14.70xx ...the bias towards the upside continues even after the profit taking we have seen the past few days. => We can't rule out chopping in our range for some days ahead before taking the 16.00xx handle ...

ENTRY POINT: 14.2825 TP: 14.02 SL: 14.43

long

USDZAR retracement time is here. This provide good sell opportunity. Possible Entry and exit targets are clearly stated on the chart. BLUE: POSSIBLE ENTRY ZONE RED: STOP LOSS LEVEL GREEN: SELL TARGETS Join our discussion room for more about our trading signals. Please do click on like icon and share our idea. Thanks. Note: It will be good to always ...

For Anathi