USDZAR — Buying the Pullback [Quantum Algo]USDZAR based out at the 16.20 lows, ran a recovery leg up toward 16.49, then pulled back. Price retraced into a demand shelf near 16.29 and held, firing the Buy. This is a pullback continuation long: the recovery built higher lows off the base, price has come back to test demand, and the play is to
U.S. Dollar / South African Rand
No trades
No trades
Compare with USD to ZAR
Profile
The U.S. Dollar vs. the South African Rand. The Rand was and became legal tender in the late 50’s to early 60’s for South Africa, Swaziland, Lesotho and Namibia after moving away from the Pound. After the apartheid era sanctions the Rand experienced a great deal of volatility and depreciation.
Bullish bounce off?USD/ZAR has bounced off the pivot, which is an overlap suport and could potentially rise towards the 1st resistance.
Pivot: 16.2789
1st Support: 16.23303
1st Resistance: 16.38774
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice
Bullish recovery from strong support?USD/ZAR has bounced off the pivot and could rise towards the 1st resistance.
Pivot: 16.34641
1st Support: 16.26109
1st Resistance: 16.47440
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal
Bullish bounce emerging?USD/ZAR is falling towards the pivot, a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce towards the 1st resistance.
Pivot: 16.29252
1st Support: 16.16028
1st Resistance: 16.43050
Disclaimer:
The opinions given above constitute general market commentary and do n
Weekly USDZAR Insight for Treasury and TradersUSDZAR starts the week near 16.25, sitting close to the lower edge of its recent trading range. The rand has benefited from a softer dollar, reduced expectations of near-term Federal Reserve tightening, and supportive performance in the South African bond market. Reuters reported that the dollar tra
2H2026 USDZAR updateSince I posted the original idea, the pair has remained range bound between 16.20 and 16.70. I also adjusted upward channel from the previous chart, but the general idea remains the same.
I expect that today’s non-farm payroll print will allow the pair to re-test the upper or lower bound of this r
USDZAR — Short at Supply Rejection [Quantum Algo]Read the chart, Q — USDZAR 2h, forex. Sell fired at overhead supply around 16.45 after the range bounce failed. Levels eyeballed off the zone and the target box; swap in your exact marks if you've got them.
Title:
USDZAR — Short at Supply Rejection
Context:
USDZAR has been rotating in a wide 16.
Bullish bounce off?USD/ZAR is falling towards the pivot, which is an overlapping support and could bounce towards the 1st resistance.
Pivot: 16.32892
1st Support: 16.23998
1st Resistance: 16.51926
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of USDZAR is 16.52533 ZAR — it has increased by 1.05% in the past 24 hours. See more of USDZAR rate dynamics on the detailed chart.
The value of the USDZAR pair is quoted as 1 USD per x ZAR. For example, if the pair is trading at 1.50, it means it takes 1.5 ZAR to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDZAR has the volatility rating of 1.37%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDZAR showed a 1.36% rise over the past week, the month change is a 2.17% rise, and over the last year it has decreased by −7.19%. Track live rate changes on the USDZAR chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDZAR right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDZAR technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDZAR shows the neutral signal, and 1 month rating is sell. See more of USDZAR technicals for a more comprehensive analysis.









