Thread: Usd/Zar
These trading ideas are only satisfied with valid price action. These are merely my opinions and are not intended for your personal trading decisions or any form of signals trade safely
This is looking beautiful. At resistance and supply zone, Price action seems to confirm it's going down, shorting
It is important to consider that this target is the level of resistance, after...
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Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
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.
Usdzar
u.s. Dollar / south african rand
15.07000
zar
+0.06878 (+0.46%)
market open (feb 23 20:49 utc-5)
15.00122
prev
15.08390
open
4.129k
volume
15.02885 — 15.09090
day's range
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69.43200 ki resistance boht strong level hiai jis se market ki rejection 2 se 3 bar ho chuki hai ager market ki rejection is bar bhi is level se ho gae pher ye us ka double top ka pattern bhi confirm ho jaey ga jis se market ka next direction donw ho jaey ga
“Above the 70.73 (last weeks high) resistance level the 200 day moving average can be spotted at 69.22 and the February highs at 69.84/69.21.”Current price is: 69.5400
1> Resistance Level is : 69.5413
2>Resistance Level is : 69.5426
3>Resistance Level is:69.5440
Daily supporting level
1> Supporting Level is : 69.5387
2>Supporting Level is: 69.5374
3>Supporting Level is: 69.5361
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.
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.
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.
USDZAR trend is Bearish
Resistance (R1): 15.1451
Resistance (R2): 15.1465
Resistance (R3): 15.1486
Support (S1): 15.1441
Support (S2): 15.1427
Support (S3): 15.1405
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.
Furqan1212 (2020-02-24), Irfan7 (2020-02-24), RYK (2020-02-24), Zaib55 (2020-02-24)
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....
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.
Dream (2020-02-24), Furqan1212 (2020-02-24), Irfan7 (2020-02-24), RYK (2020-02-24), Zaib55 (2020-02-24)
Usd/Zar Analysis:
Trend; Bullish
Moving Average: Strong buy
Pivot Point -::- 15.1446
S 1 -::- 15.1442
S 2 -::- 15.1426
S 3 -::- 15.1406
R 1 -::- 15.1448
R 2 -::- 15.1464
R 3 -::- 15.1484
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.
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."
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.
Forex is a short-term trading market, where a trader aims to derive the profit from the price rate fluctuations. The maximum duration of a trade on Forex is several months, while on the stock market it may last for maximum 5-7 years. The foreign exchange market is decentralized. Various banks trade on it using different software. Most individuals simply cannot enter the interbank Forex market, as the standard trade volume here varies from $100,000 to $1 million. A dealing centre acts as an intermediary between the bank and the trader.
Money management is very effective for getting profits with stop loss and take profits method with current trading position. Remember there are risks in forex trading field so be active and be careful.
If you want become Successful Trader In Forex so could the hard work and get a knowledge and experience about forex trading.
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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