Most probably it is going to be a correction, & then the downward moves should come... Regards.
I shall retain my bearish view/sentiments of this pair... (Yes I'm hearing rumors about the YEN being destined to be the weakest currency in the near future because of some reasons/predictions...) But I always like to think that the market could react in the complete opposite way... Regards.
Possibly an impulse leg-up is in the making...? Looking at the US Dollar Index (which certainly looks like another leg-up is highly probable); then that should possibly mean a strong up-move for this pair as well... (The downside/downtrend ever-since from the start of the year for USDZAR seems to look like some kind-of a consolidation process...; that could...
Hehehe, it is happening just like the way I projected it to be... Lets collect even more pips from this... Thanks & regards.
We will see it this one will continue to push lower... (I posted this a while back & it is happening...) *Always trade safe by activating the trailing-stop-loss feature (at the break-even level, at the very minimum)... Stay safe trade safe. Best regards.
Everything will have to break-down sooner or later..., so this one is to break right down (quite soon I should think)... Caution; wait for some limited upsides first, then you may short it at sight... Regards.
But a warning: It can be a highly "choppy" ride (one that can break your backbone)... Regards.
A strong kick-up to further upsides... Be cautious though...; this (impulse leg-up) may or may not happen (we can also expect it to recline a bit downwards 1st before say making a more "gradual" progressive upside kind-of pattern - I didn't show here)... But generally, the upside/up-trend should be strong in this structure (in it's entirety)... When it is time...
Shouldn't be too complicated to figure this one out I think... Regards.
That's possibly what I think it's trying to (most probably) in the making...
It is just very highly-unlikely that the US Dollar will start plunging-down (to a bottomless-pit) at-least for now...; maybe at most it should perhaps just have some-more downside left to go for now & that will be it..., then we should start looking for the probable upside move to get into... This is certainly going to be good..., with a nice potential ride to...
Gold has broken into a new high last Friday... A bullish momentum has build-up from the consolidation process & finally breaking Gold out of it; now targeting 1300 imminently, & it will possibly try to move up higher from there on... We should expect any dips to be a great buying opportunity for the market; when the sentiments will now turn into strong...
Which may be here quite soon in my anticipation... (Look at the way the downtrend wave changed...) I'm also observing the crude oil price pattern more lately...; it looks like a reversal of some kind is more or less in time to materialize (which will correlate with the idea scenario of this pair)... Regards.
This pair had a really nice steep plunge into the lower supports; it may want to rebound/retrace 1st before proceeding even lower next time (below 81.0000 if it can)...
It is breaking pass the resistance nicely... (It should cross over 1040 with a blink...) Few days ago I have been observing it (& expecting the price to drop actually - according to some rumors); but instead it seems to go higher ever-since (into strong bullishness)... (Platinum is an industrial metal whose price is determined by the supply & demand; unlike the...
I have great-expectations for it to fall right down... Regards.