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Thread: Usd/Zar

  1. #8741
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    USD/ZAR is experiencing what I would call a choppy market at the present time. In times of choppy markets my suggestion is always to look at other opportunities in the market. Why? In choppy markets, we see a lot of

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  3. #8740
    Trusted Member Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55 has a reputation beyond repute Zaib55's Avatar
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    3 days ago · XE Currency Converter: 1 USD to ZAR = 14.79 ZAR Third party charges may apply. The money transfer rate depends on a number of factors, including the amount you are transferring, the currencies you are sending to and from and the mid-market exchange rate when you book your transfer.

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    Usd/Zar

    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.

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  7. #8738
    Senior Member Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem has a reputation beyond repute Prince Waseem's Avatar
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    Today market trend:Sell

    Resistance and Support points also given has signal of market down

    Technical indicators and Moving average se bhi market down hoti nazar aati hai

    Agar ap profit hasil karna chahte hain to sell ki trade laga dein

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  9. #8737
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    Usdzar
    u.s. Dollar / south african rand
    14.50560
    zar
    +0.01200 (+0.08%)
    market closed (dec 13 16:58 utc-5)
    14.49360
    prev
    14.49360
    open
    105.855k
    volume
    14.36988 — 14.55710
    day's range

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  11. #8736
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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.

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  13. #8735
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    December may have just gotten underway, but thus far,USD/ZAR has lost-0.09% while bitcoin prices have lost -2%. The current 5-day and 20-day correlations between USD/ZAR and bitcoin prices are 0.66 and 0.61, respectively. On longer-term horizons, the 3-month and 6-month correlations are -0.09 and -0.28, respectively. In our last update on USD/ZAR and bitcoin prices, the 3-month and 6-month correlations were -0.26 and -0.30.

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  15. #8734
    Banned Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170 has a reputation beyond repute Arshad170's Avatar
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    Today market trend Sell.A break and close below R14.50, should see the USDZAR seek support at R14.15 (next short-term target), with a break below this level bring my medium-term target of R13.85 into play. Even at the current levels, the USDZAR still don’t find itself at oversold (overbought Rand) according to its 14-day RSI .

    Should this be a false break, with a break back into the Symmetrical Triangle, could see the Rand seeking resistance only at the 50-day moving average (R14.78) again, with a break and close above these levels, most probably testing the R15 levels. Next resistance level is R15.13.

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  17. #8733
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    Today this pair of Market trends & technical Analysis justified for me.
    TRENDING
    1)Gator Osillator:SELL = (3)dEMARKER :SELL
    2)Fractals :SELL = (4)Evelopes :SELL

    $d/ZAR

    Paraboloc SAR : SELL
    The RSI is still on :SELL
    StDev on SELL direction.
    4hour time frame also telling these condtional exprations.
    Indicator shows market going DOWN and technical Analysis same thing.
    All technical and fandamantal follow the SELLing trends.

    Note:Always Follow the making experienced with others having great knowledge about trading.

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  19. #8732
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    Usd zar
    May make a run at the Fibonacci overlap around 0.6950 (61.8% expansion) to 0.6970 (23.6% expansion), but lack of momentum to hold above 0.6910 (38.2% expansion) may spur a move back towards the 0.6830 (23.6% expansion) to 0.6850 (78.6% expansion) region.
    Need a move below the 0.6780 (38.2% expansion) to 0.6800 (61.8% expansion) region to bring the downside targets back on the radar, with the next area of interest coming in around 0.6720 (78.6% expansion) to 0.6730 (50% expansion).

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