Please do not use these as trading signals What do you think is it going up or down ? I still think the $dollar is going to crash hard
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...
UsdZar shaping nicely for downwards continuation next week for a swing trade.
USDZAR Short on 15MIN TF Please use proper risk management. These are trade that I am taking. Nothing more.
Price is at the support zone , and want to see price act on it and go bullish to the previous support that turn resistance @17.3800, or get higher to the 17.5200 zone then price might reject at that zone and sell to 17.05800 zone, but the zone I expect price to likely reject is the 17.3800 zone.
It's been an interesting development with the USDZAR. Since it broke out of April's uptrend, the price is now retesting the resistance (which was support). I suspect that the price will be oscillating between the range of 17.63 and 16.91 in a box formation for a few weeks. Only if the price breaks above or below, will we get some sign of where the rand is...
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.
Rounding Top (Scallop) has formed on the daily chart. The price has broken below the neckline which signals bearish for USD Also the moving averages are almost looking good. 21 > 7 >200 - Bearish First target R15.92 The correlation between the Rand and the JSE stocks have somewhat reversed as of late. When stocks rise, the rand tends to strengthen and vice...
moved as we predicted running in verey good profit now price action is best way to analz markets till today
USDZAR has formed a strong bearish price action with strong liquidity grab from the resistance zone. The price already over extended in the higher timeframe and likely to reverse to complete a healthy retracement to the downside. as the price started it's downtrend, a sell trade is high probable after retesting the previous support turning resistance.
Sell UsdZar it broke the channel and ranginh period !!
It broke the support and its out the channel can’t explain into detail but sell usdzar
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.
USD/ZAR Simple market structure & price action, i'm currently waiting for a Retracement before we look to go short We are currently in a strong uptrend however we can clearly see that we are approaching a major resistance zone where we might see sellers take over the market, (MY CONFIRMATIONS) CHANGE OF CHARACTERISTICS (CHOCH) BREAK OF STRUCTURE...
Subscribing to the institutional order flow concept, the analysis on a weekly timeframe shows a CHOCH and a BOS. The pair has retraced to the FOB(Black horizontal line at 18 levels). In the interim I will be looking for CHOCH and BOS on the 4hr for entry targeting the 14-15 levels alternatively targeting the 13 levels. Kindly note we hold trades for extended periods.
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 has been moving to the upside in a corrective manner and finally reached our 60% fibonnacci level. USDZAR has been correcting to the upside with a rising channel and our second touch we go a double top which is an overide of the third touch we were expecting. Entry; wait for an impulsive push outside lower timeframe ascending wedge and look for a...