Tomorrow view for USD/ZARSimple setup based on support resistance and SMC.
As in high timeframes it is bearish so we see for sell and its giving respect to Resistance which is good.
USDZAR trade ideas
USDZARThis can prove to be a good setup. The reason is that it is reacting with HTF supply. it can only be hoped that it gets better
USDZARUSDZAR seem to be programed not to trade below the 18.00 price. I would really like to see a small pull back before we shhot up, its gonna be a sniper entry or nothing, you can set an pending order for buy or patiently wait for manual execution. Remember to use pro risk management. Lets Download Success.
USDZARIndeed, forex is a game of patience. I will confident to start buying lower, if USDZAR drops lower we are getting inn. All the best, use proper risk management. Lets Download Success
USDZARUSDZAR potentially is giving us a swing bearish setup and i will be willing to go short at the break of structure VHT your mentor signing out
USD/ZARI'd be happy to see USDZAR touch 18.30. price level. All the best, risk management comes 1st. Lets Download Success
USDZAR LONG Price has reached a strong support level on a daily TF and now forming an inverse head and shoulder which is another reversal pattern hence we expect more bullish movement
USDZAR SHORTPrice broke the strong support level turning it to a resistance level , we expect bearish movement after the retest is complete
Ranging Market (OVerall Trend Bullish)USDZAR is gonna buy to sell. 19.00000/ 19.25500 is resistance level, having 18.75500 as support. Intraday analysis.
USDZAR SHORTPrice is forming a descending triangle pushing for the upside on a daily timeframe , price still has to complete the third touch on our support trend line hence we expecting price to push towards downside in the mean time
USD ZAR downside move possibleUSD ZAR downside move possible
Selling below the 18.58093
Stoploss 18.88937
Target 17.95973
USD ZAR upside move possibleUSD ZAR upside move possible
Buying above the 18.94314
Stoploss 18.73471
Target 19.36521
USD/ZAR Buy Trade Opportunity USD/ZAR has been experiencing an overall bullish trend and has recently made an attempt to retest the support area. If the market successfully forms a strong bullish candle on the support line, it could present an excellent trading opportunity with a favorable risk-reward ratio for those looking to enter a buy trade
USDZAR Sell Trade Signals Time Frame H4The 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.
USD ZAR upside move possibleUSD ZAR upside move possible
Buying above the 18.08283
Stoploss 17.70314
Target 19.07090
Target 19.71788
USDZAR Buy Trade opportunityUSDZAR Buy Trade opportunity
Currently, it changed the trend from Beaish to Bulish, and it recently breakout the short-term resistance line its a good opportunity to take a buy trade here with the target next resistance
Price ActionUSDZAR 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.
Done with USDZAR, USDCHF and USDJPYCorrelation of these three currencies (USDZAR, USDCHF and USDJPY) concludes my trading for the day before NFP, South Africa time.
Rising wedges all the way.
I am looking for XAUUSD and GBPUSD to go long during the NFP. I have orders in both of them.
Price ActionUSDZAR has been on a bullish trend for some time, bears are trying to take over. Lets Download Success .
Price ActionUSDZAR price action, all stop losses above the resistance zone. Wish you all the best. Lets Download Success
USDZAR Weekly Interval-USDZAR Weekly Chart.
-T&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before deciding whether to trade the products offered by XM Global Limited, and if necessary, seek independent advice.
USDZARUSDZAR still creating corrective movements, waiting for it t break below the we'll be looking for correction then further sells
USDZARUSDZAR update, gave us a double top from our previous analysis, still bearish, on this pair, let's see howeverything unfolds
