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Thread: Usd/Zar

  1. #611
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    the us dollar pulled back initially during trading on tuesday but turned around of form a nicelooking hammer we have been grinding higher for some time which makes sense considering that the world is a bit concerned about global growth which of course favors the us dollar over emerging market currencies in fact the south african rand has struggled even though gold has taken off to the upside which perhaps has something to do with fear more than gold markets because as most of you will know south africa is a huge exporter of the yellow metal

    however the political situation in south africa isnt exactly stable and that has been expressed in this chart you can see that i have a grid laid out in equal distance something that this pair tends to follow quite well we have recently pulled back from the 1450 rand level only to find buyers again i think at this point we are trying to build up the necessary momentum to break out and reach towards 15 rand

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  3. #610
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    Usd/Zar

    today trend is: buy


    Resistance level:

    1- Resistance : 14.3854
    2- Resistance : 14.3976
    3- Resistance :14.4054


    Supporting level :

    1- Supporting : 14.3322
    2- Supporting : 14.3108
    3- Supporting : 14.2935

    Its my opinion that day.

    You trade lo risk.

    Best of luck to all members of the forex community.

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  5. #609
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    analysis of Usd/Zar

    Bollinger Bands:Bullish
    MACD:Bullish

    Resistance and Supporting level is:


    Resistance price is :

    Resistance 1:14.5316
    Resistance 2:14.5765
    Resistance 3:14.5936

    Supporting price is :

    Supporting 1:14.4765
    Supporting 2:14.4513
    Supporting 3:14.4132

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  7. #608
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    Resistance and Supporting level today,s


    Resistance level today,s is

    First Resistance is:14.2512
    Second Resistance is: 14.2734
    Third Resistance is: 14.3125


    Supporting levels today,s is

    First Support is: 14.1814
    Second Support is:14.1532
    Third Support is:14.1132

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  9. #607
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    Resistance and Supporting level today,s*

    Today Trend is:buy

    Resistance level today,s is

    First Resistance is:14.39
    Second Resistance is:14.52*
    Third Resistance is: 14.73


    Supporting levels today,s is

    First Support is: 14.02
    Second Support is:13.83
    Third Support is:13.70

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    technical analysis of Usd/Zar

    Parabolic is : buy
    Moving average:buy

    Current price:14.4523


    Resistance and Supporting level :

    1.Resistance level is : 14.4923
    2.Resistance level is :14.5328
    3.Resistance level is : 14.5639

    1.Supporting level is : 14.4165
    2.Supporting level is : 14.3785
    3.Supporting level is :14.3436

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  13. #605
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    USD/ZAR - US Dollar to South African Rand
    USD/ZAR
    14.401+0.0593(+0.4134%)
    16:42:46(GMT)|Real-Time Data, quoted in ZAR
    Open
    14.342
    Day's Range
    14.273 - 14.449
    Class
    Currencies
    Bid/Ask
    14.398/14.405
    Symbol
    USDZAR
    Subclass / Sector
    Exotic

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  15. #604
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    "Hello dear (indian-forex) members of this great community, Today I want to share with you my intraday analysis of USD/ZAR.

    USD/ZAR is Strong Buy according to four-hour chart. RSI(14)'s value is (58.593), STOCH(9,6)'s value is (60.314) and STOCHRSI(14)'s value is (39.272).

    Let's have a look at today's Support and Resistance levels:

    Pivot Point: 14.4593
    Support 1: 14.4436
    Support 2: 14.4193
    Support 3: 14.4036
    Resistance 1: 14.4836
    Resistance 2: 14.4993
    Resistance 3: 14.5236

    According to the current scenario I would like to recommend you to keep an eye on the pivot point and take your trade according to the support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable day ahead! "
    Risk Warning: Trading on financial markets carries risks. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

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  17. #603
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    technical analysis of Usd/Zar

    Parabolic is : buy
    Moving average:buy

    Current price:14.4523


    Resistance and Supporting level :

    1.Resistance level is : 14.4923
    2.Resistance level is :14.5328
    3.Resistance level is : 14.5639

    1.Supporting level is : 14.4165
    2.Supporting level is : 14.3785
    3.Supporting level is :14.3436

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  19. #602
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    Strong bearish but every thing has a way to succeed so be careful with this pair it's very risky.
    So let's take a look on the today major support and resistance level,

    1 Support S1 14.044
    2 Support S2 14.006
    3 Support S3 13.954

    1 Resistance R1 14.154
    2 Resistance R2 14.190
    3 Resistence R3 14.250
    I am just giving my own analysis so just trade with your own risk.
    Best of luck.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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