PRICE ON USDZAR HAS BROKEN OUT OF A REVERSAL structure with very strong momentum, now a lower degree continuation has been formed and awaiting breakout to trigger shorts
Currency Pair : USDZAE Possible direction : Bearish Technical Analysis : Price has formed multiple liquidity grab on the 4h timeframe after an strong impulse from the resistance level. As long term trend is bearish, highly likely this price will continue to drop to support level Possible trade recommendation : Bearish as per chart sketch Press like button if you...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDZAR (4h) has formed a very strong bearish price action after a rejection from the weekly resistance. Price currently has formed a strong head & shoulder on the 4H with a breakdown from the neckline. On the retest of the neckline, a sell trade is a high probability after rejection. Thank you for visiting the idea. Press the like button if you enjoy the content :)
USDZAR POSSIBLE SELL SETUP, After the rally, we are waiting for a retracement to occur
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDZAR has been rejected from the weekly level of resistance and creating a bearish price action. It looks like USDZAR may drop from this level of resistance to the possible support at 15.42698
Helloooooo traders....USDZAR showing signs of a drop coming most probably during NY session. Keep a lookout for a reaction at price 16.3000 for a fall. Risk small....happy trading.
I looking for Sell for USDZAR. It already touches the Daily TF OB and I believe is now creating the Distribution Schematic and is getting ready to sell. I've mark the areas where I think it will retest to sell.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Looking to make another sniper entry here.... then scale in. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are always key #Trade_Like_A_Magnate
As anticipated last week, USDZAR did go for a trendline retest, gave us a rejection, we made an entry and held. This is the progress now. Profits have been locked in order to have a risk-free trade. *Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. #Trade_Like_A_Magnate
We may expect more down USDZAR seems to more more bearish.
We take a look at why the U.S Dollar is structurally on a bear trend against the High Yielding Emerging Market currencies. Two factors are going against the U.S Dollar. 1.) Low-interest rate differentials 2.) Negative Current Account Balance + Increased Fiscal spending increasing this problem for USD. These four setups are popular trades across investment...
USDZAR South Africa's first Line of defense trading at a strongest level since march 12... if this could keep up we could see an extasion as far as 15.32