Usd/Zar

[talhaahmad04]

"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."

[Nawab]

I 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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[Bmw123]

USD zar
Trend of this pair has bullish .it has buying position at this point.it's movement show us it can move to the bearish way at this stage.

[Rahim217]

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.

[146]

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

[Zeeshani]

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

[148]

Everyone made his stretigy by its own opinions. Some peoples used
fundamental approaches, some people used moving averages and other
then used supports and residences , who help him to make his stretigy .

Currency pair is : UsdZar


Current price:14.2065

pivot point :14.2195

Moving average:sell

volume Oscillator:sell

[joney]

The USD/ZAR is what is referred to as an exotic pair in currency trading or forex trading, as the rand component (ZAR) is an emerging market currency which carries less liquidity than that of developed market currencies.

Exotic currencies, because they do carry lower liquidity than major most traded market currencies (the US dollar, Swiss franc, euro, British pound, Japanese yen, Canadian dollar and the Australian dollar), will carry a wider spread and in turn, a higher cost to trade. However, the lower liquidity does offer higher volatility and in turn, a higher reward (or loss) opportunity on offer

[0307148]

The USD/ZAR is what is referred to as an exotic pair in currency trading or forex trading, as the rand component (ZAR) is an emerging market currency which carries less liquidity than that of developed market currencies.

Exotic currencies, because they do carry lower liquidity than major most traded market currencies (the US dollar, Swiss franc, euro, British pound, Japanese yen, Canadian dollar and the Australian dollar), will carry a wider spread and in turn, a higher cost to trade. However, the lower liquidity does offer higher volatility and in turn, a higher reward (or loss) opportunity on offer.

[Shahzadahmed4850]

usd/zar price is 14.13240
Today by checking the all routine of the chart I think that the most profitable sell point will be 14.13100
And today I think that the most profitable buy point will be 14.13356
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friend