The USDZAR increased by 30% form the minimum touched in Feb (look at the big green candle present on this chart ) , a bounce that created an overbought situation as show the RSI oscillator At this point the pair could correct its course , going down toward the support provided by the Fibonacci Expansion (61,8%)
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Na páre USDZAR držím long v objeme 2 mil. od minulého týždňa. Včera som plánoval tento long uzavrieť nakoľko sa pár dostal pod zelenú trendovú líniu. Nakoniec som ho však ponechal a pár sa odrazil od supportu na úrovni 13,27 vyššie. Očakávam preto ďalší rast páru.
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Hello, my dear friends and the fellow community members, Today was British Pound's day with the Official bank rate decision. The Cable made a run high before losing more than 100 pips for the day. I took a long position in GBPUSD and GBPJPY and was out very soon because of the large fluctuations and was stopped out of my GBPUSD position whereas my GBPJPY position is still open. I am also currently long in USDZAR. I will keep updating if there is anything as of now I will keep these positions ope…
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Pár USDZAR sa aktuálne nachádza v klesajúcom kanáli, avšak pohyb z posledných týždňov pripomína tvorbu formácie vlajka a preto očakávam, že po prerazení hornej hrany klesajúceho kanála, dôjde k prudkému rastu vyššie Som preto long.
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The USDZAR remain bearish despite a bounce by 20% viewed this year. In fact it failed to breach the dynamic resistance provided by the bearish trend line and at the moment the RSI oscillator is to 47
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Hi traders, USD looks a bit weak for this week. So I placed a trade on USDZAR today for a good 2800pips Target profit. 12.99 level is the target level. Let's see how USD react today. Attached USDZAR Daily chart.
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Hi traders, It is Friday today and today I will share about my trade on USDZAR (US Dollars Vs South Africa Rand). Attached together is the chart of USDZAR on the Daily timeframe. We can clearly see that USDZAR has been on the decline since the 3rd of July 2018. I believe it will continue going down till my target profit level of 13.4000 My entry was from 13.5349 level. My stop loss is at 13.9200 level. Have good weekend ahead.
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Hello my dear friends and the fellow community members. USDZAR seems to be making a double top on the 4H chart as attached. I am expecting a downmove from here as the neckline has already been broken and retested today. Happy trading to all.
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Bien le bonjour, usdzar entame une cession baissière, j'ai pris un joli short hier. je vous invite à la prudence aujourd'hui car un pull back est possible et ferait un flottant execcif. aujoud'hui je vais me concentré sur EURUSD. petite analyse d'usdzar, qui devrait plongé Bon trade à tous les amis.
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Hi Traders, Let's take a look at USDZAR which is US Dollar vs South Africa Rand chart and price. My view is USDZAR is hit the highest level it could go for this week as it is below the descending resistance levels. I took at SELL position at 13.57 and targeting the levels of 13.30 with a Stop Loss at 13.84. Anticipating the trade will hit target this few days before the month's close. Attached is the chart of USDZAR on the Daily timeframe.
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