Usd/Zar

[Shahzadahmed148]

USD/ZAR
The US Dollar has been depreciating against the South African Rand since the beginning of January. This movement has been bounded within the medium-term descending channel.

Currently, the USD/ZAR exchange rate is testing the upper channel line. Note that the rate is supported by the 55-, 100- and 200-hour moving averages. Thus, it is likely that some upside potential could prevail in the market. In this case the rate could face the resistance level - the Fibo 23.60% at 14.67.

[Shahzad apl]

USDZAR rebounded from supply zone around 15.10000 price reached bat harmonic pattern bearish target at 88.6% fibo level MACD shows negative divergence RSI shows overbought so its expect further selling to demand zone around 14.70000

[snake]

Forex Forecast with price level
USD/ZAR - pair in focus.
Current Price - 15.0157
main support level - 15.0069
main resistance level - 15.0244
Pair likely to be in Sell today.

[jindon]

my analysis base on technical and indicators

Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakout of this resistance level and the pair will continue to go up to the next higher level.

indicators ke hisab se ap log best trading kr sakte hin or good profit.bana sakte hain sab indicator best nh hote or sab wrong bhe nh hote, main kuch best indicator ke hisab se es pair ke Analysis de raha hon.

in my personal view this pair will be continue bullish trend, for intraday trading today. you can take entry BUY Order now, and target take profit around the resistance level,

if market movement as my scenario, you can earn good profit and avoid much loss in your trading

We cannot understand this market operation, so we must learn some basic things about forex trading and after that start practicing demo trading with virtual money so that we calculate some exposure to the real trading market. after we learn the approach to help generate consistent profits on demo accounts, we can move on to trading explicit real accounts.

[Shahnawaz148]

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.

[Arifzaziz]

In the first half of the day, a report was released on the UK consumer price index, which rose in November this year, but completely coincided with the forecasts of economists. However, this was enough to help the pound stay above the level of 1.3076, which determines the further downward trend observed throughout this week. It is best to look for long positions after the formation of a false breakout the the support area of 1.3076, but buy immediately on the rebound from the lows of 1.3013 and 1.2952, where a bullish divergence on the MCAD indicator can also be formed. Another no less important task of the bulls will be the return and consolidation above the resistance of 1.3143, which will allow us to talk about an upward correction in the area of the highs of 1.3203 and 1.3316 where i recommend talking the profits.

[Bindas36]

usd zar

overwhelming majority of currency trading volume is in the spot market. FOREX inevitably means spot trading to most participants. But it is possible to trade FOREX as a futures vehicle. The primary advantage of FOREX futures lies in the fact that the futures markets are centralized and as such are more heavily regulated. Traders leery of market maker practices in retail spot FOREX may find comfort and a better sleep by trading currencies on a centralized, heavily regulated futures exchange. Indeed, an increase in futures FOREX has been identified in the past two years although volume continues to be dwarfed by the spot market. The selection of traded currency pairs with reasonable liquidity is also smaller in the futures arena. A second- ary advantage is that many popular technical trading methods use volume of trading and open interest. While aggregate volume is known in FOREX, daily figures are unobtainable because of the decentralized nature of the business. Attempts are under way, including those by the author, to synthesize spot FOREX volume and open interest statistics from other data using statistical methods. The correlation of spot FOREX data to futures FOREX data has not been promising. A futures contract is an agreement, or contract, between two parties: a short position, the party who agrees to deliver a commodity, and a long position, the party who agrees to receive a commodity

[Apple99]

Usd/Zar
Market trend Bullish

Resistance 15.0563
Resistance 15.1240
Resistance 15.2273

Supporting 14.7143
Supporting 14.7911
Supporting 14.8754

[Iqlevel]

Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.

Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.

Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.

[talhaahmad04]

Two sets of opinions based on the same gathered data, and neither contradicting the other's data. A weaker person would develop a nervous twitch from this confusion. Particularly when you consider the obvious – they're both right! So, does it come down to a coin toss?