USDZAR
1 Resistance :15.9007
2 Resistance :15.5233
3 Resistance :15.2725
1 Supporting :15.1461
2 Supporting :14.8955
3 Supporting :14.7697
Printable View
USDZAR
1 Resistance :15.9007
2 Resistance :15.5233
3 Resistance :15.2725
1 Supporting :15.1461
2 Supporting :14.8955
3 Supporting :14.7697
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 14.0349
This currency name - USD/ZAR
Resistance and Target - 14.0512
Support and Stop Loss - 14.0186
Always follow Long time frame market trend.
Signal is Sell.
USD/ZAR - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
13.9480 - 13.9828 - 14.0064
Resistance 1 - Resistance 2 - Resistance 3.
14.0648 - 14.0996 - 14.1233
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
predictions for the day.
trading is risky if no analysis is done
USD/ZAR - is the currency pair we will be focusing on
major low levels also known as supports 14.0123
major high levels also known as resistance - 14.0449
hello all
trading is risky if no analysis is done
USD/ZAR - is the currency pair we will be focusing on
major low levels also known as supports 14.0123
major high levels also known as resistance - 14.0449
Rand powering ahead this week, dropping below R14/USD for the first time since July this year. This was mainly due to some USD weakness, with the ZAR moving in line with most BRIC currencies.
This bring the total gain for the ZAR against the USD to 2.2% for 2019. Hands up who would’ve predicted that at the beginning of 2019?
#BRICS currency/USD movements for this week:
Brazil +1.4%
Russia +0.2%
India -0.5%
China +0.2%
South Africa +1.4%
Euro/USD +0.9%
Technically, with the Rand breaking the R14 level, it definitely made its intentions clear. It officially broke the R14.15 support and moved even further away from the longer-term Symmetrical Triangle support line. The Rand/USD is still trading below both the 50-day and 200-day moving averages, which are both now both sloping downward (the MA). This makes the trend definitely look a lot healthier.
The USDZAR now finds itself in EXTREME OVERSOLD (overbought Rand) according to its 14-day Relative Strength Index ( RSI ). This would be the first time since 30 January 2019 where the RSI dropped below 30, which subsequently saw the Rand losing some ground (see red arrows in RSI graph). We could therefore see the Rand taking a bit of a breather around current levels.
Should we see some profit taking and the ZAR move back into the Symmetrical Triangle, could see the Rand seeking resistance back at R14.50 with the 200-day moving average (R14.59) being next stop. A break and close above these levels, could most probably test the 50-day moving average (R14.64), with the top of Symmetrical Triangle at R15 being a very strong and important resistance level . Any traders should watch this level VERY closely.
Rand powering ahead this week, dropping below R14/USD for the first time since July this year. This was mainly due to some USD weakness, with the ZAR moving in line with most BRIC currencies.
This bring the total gain for the ZAR against the USD to 2.2% for 2019. Hands up who would’ve predicted that at the beginning of 2019?
Hello dear members of this great community, here are my analysis of USD/ZAR for today.
USD/ZAR is Strong Sell according to four-hour chart. RSI(14)'s value is (44.687), STOCH(9,6)'s value is (45.468) and STOCHRSI(14)'s value is (26.204).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 14.0874
Support 1: 14.0799
Support 2: 14.0694
Support 3: 14.0619
Resistance 1: 14.0979
Resistance 2: 14.1054
Resistance 3: 14.1159
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
Resistance level
1 resistance level: 14.159
2 resistance level: 14.195
3 resistance level: 14.255
Support level
1 Support level: 14.045
2 Support level: 14.008
3 Support level: 13.949
Do not use high risk and if the goal is complete, please close the business, we should avoid greed
Usd/zar
suporting levels are here:
support 1) 14.20
support 2) 14.10
support 3) 14.02
Ichimoku trends giving selling signals.
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest 3rd resistance of this pair today will be going :14.78
i think best time to enter sell trade at 14.70 with tp at 14.25 with narrow stop loss of 14.98 with short terms trading.