This pair is very tricky at this point as it rests on trend line. Many traders anticipate a breakout toward 17.5 but before that can happen, we believe sell will only be activated at 19.6. Let's buy and hold. The chart is self-explanatory.
This might be the last bullish stretch on USDZAR before potential downward movement towards 17.9
USDZAR looking to bounce off local support. Buy at 19.14 and take profit above 19.35
Awaiting a breakout of the bullish channel and price could hit targets; 19.20 or 19.50.
HI FRIENDS!! As we can see this USDZAR again near at support zone we have good chance to join the rally as we can see US $ is holding support and all major pairs. this pair is also holding a strong support and trading above a uptrend line zone, so our risk and reward ratio is fantastic on this pair let's see what markets brings its just a trade idea share Ur...
18.66 has proven to be a strong zone for this pair. Throughout the past 2 years, price has shown strong reaction in this area. I see price rising to 19.60 in the next month. Let me know what you think in the comments.
This pair is trading in a bullish trend. Continuation from 18.8 all the way to 19.5 and possibly beyond.
Hello. Looking for USDZAR to make a move upwards. 1. Ending structure 2. MACD divergence 3. Looking for price reaction at Price 16.86 Trade with care
Hello everyone, We are waiting for now for a breakout to down from the price 18,80550 or to continue raising to the up from the price 19000 please like comment and follow to support us.
USDZAR price drops sweetly to newly established support at 18.85 early this week 11-15 September. Price recently broke out a bullish channel and this looks to me like a retest. Now would be a good time to buy and exploit the possible weekly and monthly pullback.
Looking at USDZAR on our weekly chart we can notice that USDZAR has been failing to break to the downside as has been respecting our previously outlined levels. To elaborate further we can take note of the fact that USDZAR’s failure to break through our 17.50xxx Psychological level confirmed a new higher low on the pair after which it started rallying back up and...
USDZAR saw a strong surge of bearish movement this past week, which almost had me thinking price would crash to 17 points. Let us keep in mind that the overall trend for this pair is bullish. Here we observe that price is rejecting local support 18.4. H4 structure is not clear at the moment but from my experience, I predict a bullish flag which will break out...
We have been waiting for the pull back entry and the time is now looking going long is the only way now the buyers are in no second guessing here we go
USDZAR is looking to reverse. It has clearly slowed its downwards movement and is looking to reverse up top to potentially continue its down movement. This was signified through its break of structure on the 4H chart. As shown on the 15 minute chart it has broken structure. The only worrying part is that it is returning back to break even. However this has the...
USDZAR BULLISH TREND : 4H Trade Plan Entry Price: 19.15014 Stop Loss : 18.63922 Take Profit : 19.66106
we noticed that the market respects the area of value , we monitoring the reacts and weather the market will break above the trend channel if the market breaks out of the trend channel the bullish bias will be confirmed
USDZAR | Weekly Looking to the left on USDZAR based on my initial analysis, we notice that we he had a target for USDZAR at 21.2xxxx - 21.5xxxx after which we saw USDZAR rally all the way up to 19.93xxx creating a new high for the USDZAR we saw it fail to break above our 20.xxxxx psychological level. After failing to break above the 20.xxxxx level we noticed...
It was written in the charts. The USD ZAR formed the Symmetrical Triangle on the daily. The price consolidated and squeezed until it reached the Apex. Then because the prior trend was up, the breakout was up and lead to a continuation in the trend. The price then went to a dire R19.80! Let's hope it forms a Buy Side Liquidity order block for Smart Money...