The USD/ZAR currency pair has been trading within a support and resistance channel, and recently it broke below the support line with a strong bearish candle. This presents a potentially favorable opportunity to initiate a sell trade with a small risk and the potential for significant rewards.
USDZAR has retraced back to 18.00 price, we are looking forward to see bearish movement as we have reached our resistance zone. Use proper risk management. Lets Download Success.
USDZAR has been on a bullish trend for some time, bears are trying to take over. Lets Download Success .
USDZAR price action, all stop losses above the resistance zone. Wish you all the best. Lets Download Success
USDZAR Buy Trade opportunity USDZAR Buy trade opportunities It has broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward ‘Always trade with Stop Loss
Midterm forecast: While the price is above the support 14.5030, beginning of uptrend is expected. We make sure when the resistance at 16.3405 breaks. If the support at 14.5030 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the trough at 16.315 on 2020-06-10 and the...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (14.7415). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDZAR is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
Mid-Term Forecast: Trading suggestion: . There is a possibility of temporary retracement to suggested support line (16.545). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDZAR is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as...
USDZAR, wait for the price to come to the zone, its a sell!!
It is seen USDZAR as formed shark pattern in 1 hr chart and expecting it to move down to test the support
EMA 6 crossing EMA 21 RSI divergence Ratio 2-1