U.S. Dollar / South African Rand

USDZAR FXCM

Elliottwavesturk

usdzar irregular flat pattern ended wave5 started?

Theto_Morifi

Absolutely stunning run by USDZAR last week, giving off a strong third wave bullish impulse. The impulse move also happened to break the pair out of a daily descending channel, looks like this may be the beginning of a strong uptrend. At this point it is merely speculation based on the technical data provided by the wave theory confluent with a few support and...

FX_Trading_Service

USD/ZAR SELL D1 The price will fall to this point 13.18617 Follow Now For More Content

Sbo_Dhlamini

USDZAR a move higher seems possible on the daily chart

Theto_Morifi

The South African Rand has been performing beautifully against the Dollar in the past few months. However it seems that the time for tables to turn is imminent. On the daily timeframe we have a 5 wave impulse move to the downside that has just been completed. Therefore, a correction move is to be expected (ABC). The change in direction is supported by a lovely...

zoneofbasem

there is chance for long >>>> new fast wave coming for USDZAR will start from this month

BhekaniZitha

Hello my follower I am back at it, This week's most important pair for me i am watching is USDZAR. This pair has been bearish for some time just like #USDCAD. Now it's making a correction for previous structure (Long term). I see it technically moving from 14.***** to 16.**** Happy trading week. Cheers

Theto_Morifi

Could it be possible for ZAR to keep growing stronger against the Dollar? definitely looks like it. Looks like a lovely zig zag corrective structure is well in heading towards its completion after a major bullish impulse move. I will be looking to capitalize on the final push towards the end of the fifth wave. Then eventually look for long positions to catch the...

Trader-Dan

- You can trust the FED to get the markets moving. - USDZAR at a key resistance level. R14.50 looks to be the likely next zone if a this area turns back into support. FX:USDZAR Price action will be key -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice.

Emzo88

Clear that price is moving in descending channel ...Price close to Strong trendline Resistance

Peet_Serfontein

Rand weakness above 13.65. Upside price momentum supports the bullish trend. RSI at 47 leaves enough room for further upside price potential. Remains a risky trade before the Fed meeting.

GustavFourie96

It seems as if the USD/ZAR has completed a 5-wave impulse. The MACD is also working into a huge wedge which highlights the maturing rand bull. Possibly time for a correction towards the dotted green neckline if the pair breaks out of its current downward channel. Technical indicators are leaning to more rand losses this week but the dollar's movement will be...

BruceAxe

Falling wedge if filled

Nasdaq_Diaries

If price finds a way passed the current daily support. Price will fall down to the 12.100 - 11.000 range in the months to come. Comment Like Follow Press the Like button to agree or disagree

GustavFourie96

USD/ZAR log scale. The pair broke below two major support rates last week, the 200 week MA and the 0.618 Fib retracement rate. The current target range is between 13.80 and 14.00 with the possibility of a longer-term drop towards 13.18. A break below the black trendline will see the pair slide into the green target range.

thenotoriousfx

Get your pending orders ready as we about to shoot up. I'll continue to update this trade. - On the smaller time frames, we've touched a crucial support level. - Inverse H&S PATTERN indicating bullish momentum.

FOREXN1

The South African Current Account for the first quarter is predicted at ZAR182.1B, and the Current Account Percentage of GDP at 3.55%. Forex traders can compare this to the South African Current Account for the fourth quarter, reported at ZAR197.7B, and to the Current Account Percentage of GDP at 3.70%. South African Mining Production for April is predicted to...

TheGreatestMarketAnalyst

Looking to go long for long...