Usd/Zar

[Muhammadfaizan]

At the beginning of a new week of potentially volatile trading the South African rand is the weakest link due to Moody’s stripping the country from its last remaining investment grade, economists at Rabobank apprise. USD/ZAR trades at 17.949.

Key quotes
“South Africa was downgraded to junk and the negative outlook was retained. Moody’s justified its long overdue decision by the persistent deterioration in fiscal strength and structurally weak growth.”

“Based on that our forecast of a peak for USD/ZAR at 18.00 over the 3 month horizon does seem too conservative, but we take into consideration the possibility of a sharp pullback before another leg higher unfolds.”

“In current highly unpredictable times it is not necessary about specific targets/forecasts, but about the direction of the trade which in case of USD/ZAR is skewed to the upside.”

[Bhukhari]

Today Market trend:sell

Market exchanging sign rely upon a pointers

The pointers educate us concerning business sector down so do the exchanging sell and get an enormous benefit

Presently the exchange of Sell is progressively gainful

In the event that you need a total your fantasies so come in forex and do the exchanging

[srisharma]

time frame support and resistance levels : Daily ,H1 AND H4

indicators: Bollinger Bands and fibbonanci

market trend condition today : Bullish

kal ki upward movement ko market continue kar skta hai kyuki market meh kafi uptrend tha kal or buyer kafi control me the , halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down. price support 1 level par bhi ja sakta hai agar aisa hua to wo upward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai, phir price upward jayega to is time par sell karna chahiye
ye pair abi strong resistance or fibo level zero par hai.agar ye es resistance ko todta hai to ese khridna chahiye. I hope is trade se ham profit earn kar len

[yulbang111]

I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.

money management is very effective for getting profits with stop loss and take profits method with current trading position.

[Ayub786]

USD zar specialized investigation market exchanging

Today investigation pattern : sell

The present cost and past expense is giving a straight signel that market will go down in business..

Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....

[Samranfaizan220]

This is a full breakdown of my perception of Price action on higher time frames! I take my entries using smaller time frame confirmation and you should too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Good Luck!!Bearish AB=CD STRONG PRZ on Type 1 entry we got clear REACTION now price need to come into zone then it becomes TYPE 2 Entry after price touching zone with BULLISH CANDLE + RSI above 30 POTENTIAL BUY

[Zed Storn]

Hallow friends Hope all of you are fine!
Everyone made his stretigy by its own opinions.
Trading stratigies as our demand like gold trading is most beneficial as compared to other currencies
the matter is not the trading of gold at all But, Important is the ways through which we gain our profit or loss.
So we all want to attend or recieve all informaton that is important to know the traditional trading environment.
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
One important thing else is the power momentum indicator which as you can see show a low power of the bullish trend which can be used to filter the entry of buy positions.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.

[11Star]

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USD/ZAR

Data provided by
USD/ZAR
Low
High
Note: Low and High figures are for the trading day.
DOLLAR - RAND CHART
USD/ZAR chart by TradingView
Moving away from the Pound in the late 50's to early 60's, the Rand was established and is the current legal tender for South Africa, Swaziland, Lesotho and Namibia. The Rand has had its fair share of volatility with the currency depreciating massively following the apartheid era sanctions. The currency looks to benefit when investors are willing to take on more risk in developing countries. Any pullback in risk from global markets pushes the Rand significantly lower as seen during the financial crisis of 2008.

[Ayub786]

USD zar specialized investigation market exchanging

Today investigation pattern : sell

The present cost and past expense is giving a straight signel that market will go down in business..

Opposition and Bolster focuses are additionally giving a singnel that market will go down that is the reason we should put our exchange on sell....

[0307148]

My dear the technical analysis of this pairs and the trend of this pairs Usd/Zar is strongly bullish.

The resistance and supporting level of this pairs Usd/Zar is very success now.

The following resistance and supporting level of this pairs is as under.

The resistance level of this pairs.

01. Resistance level is=13.9565
02. Resistance level is=14.0820
03. Resistance level is=14.1610

The supporting level of this pairs.

01. Supporting level is=13.7520
02. Supporting level is=13.6732
03. Supporting level is=13.5475