Usdzar
u.s. Dollar / south african rand
14.98700
zar
−0.13140 (−0.87%)
market closed (feb 21 16:59 utc-5)
15.11840
prev
15.11840
open
157.479k
volume
14.93980 — 15.18780
day's range
Thread: Usd/Zar
Usdzar
u.s. Dollar / south african rand
14.98700
zar
−0.13140 (−0.87%)
market closed (feb 21 16:59 utc-5)
15.11840
prev
15.11840
open
157.479k
volume
14.93980 — 15.18780
day's range
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.
usd zar is already under strong bearish trend and it's falling since Market open and now currently Trading around 13.8803and on 1day time frame all indectors already showing strong bearish trend so selling is really good options here for intra day.
Support and Resistance of usd zar.
Strong Resistance at 14.0354
minor Resistance at 14.0167
pivot point at 13.9712
strong support at 13.8989
minor support at 13.9257
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Today'sToday'sI try to analyze today for the eurgbp couple. Usd / Zar
The recommended trend is: Buy
Recommendation: Based on the chart and explanation given above, we remain neutral for further confirmations for the next step.
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
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Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
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.
Pair: usd/zar
Today indicators shown bearish short terms trend.
Pivot Point : 14.77
Supporting Levels:
Support 1: 14.32
Support 2: 14.12
Support 3: 14.13
TREND: BULLISH
Resistance Levels:
Resistance 1: 14.45
Resistance 2: 14.78
Resistance 3: 14.96
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
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Today i am going to discuss this pair in my own justification and analysis. I think this pair i the most. Faverable pair in the forex market .
Thats reason why i using this pair for my profitable trade
Technical analysis on basis of these indicators
Parabolic sar
Fivo piv
Moving everages
And also RSI
So best of luck for the comferm trade .
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.
Range trading strategy, which is also called channel trading, is generally associated with the lack of market direction and it is used during the absence of a trend. Range trading identifies currency price movement in channels and the first task of this strategy is to find the range. This process can be carried out by connecting a series of highs and lows with a horizontal trendline. In other words, the trader should find the major support and resistance levels with the area in between known as “trading range”.
Range trading actually works in a market with just enough volatility due to which the price goes on wiggling in the channel without breaking out of the range. In the case the level of support and resistance breaks you should exit range-based positions. The most efficient way of managing this type of risk is the use of stop and limit orders as most traders do. They place stop limit orders when the currency price keeps dropping below the entry point and set the limit order to make profit when the security moves to the top of the range. In other words, while selling a range you should set limit orders down near the support level to take profit and while buying, you should place take profit orders at the previously defined resistance level
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.
Usd/zar
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.
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Alex vector (2020-02-22)
DEAR you opinion is correct but mine saying that the gown to upward section because the it is more time in the selling and now it,s time for this in the buying mode and open your trades in the selling zone hope you w,ll be get more profit on it .And if any body want to trade on it then open the selling trade and you get more profit on it.
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.
Market analisis treand !
Slowly I start to add some mid-term (weeks, months) trading & investment opportunities into my TradingView account. The first one which looks technically pretty nice is .
Pretty soon you can start building your long position on and it starts from the round number Obviously, do your own research, read fundamentals and etc.
Technical...
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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