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Eurzaranalysis

EUR/ZAR:FUNDAMENTAL ANALYSIS+PRICE ACTION|NEXT TARGET|SHORT🔔🔔The Eurozone CPI for July is predicted to decrease 0.1% monthly and increase 2.2% annualized. Forex traders can compare this to the Eurozone CPI for June, which increased 0.3% monthly and 2.2% annualized. The Eurozone Core CPI for July is predicted to decrease 0.4% monthly and increase 0.7% annualized. Forex traders can compare this to the Eurozone Core CPI for June, which decreased 0.4% monthly and increased 0.7% annualized. The Eurozone Harmonized Core CPI for July is predicted to decrease 0.3% monthly and increase 0.9% annualized. Forex traders can compare this to the Eurozone Harmonized Core CPI for June, which increased 0.2% monthly and 0.9% annualized. The South African CPI for July is predicted to increase 1.1% monthly and 4.6% annualized. Forex traders can compare this to the South African CPI for June, which increased 0.2% monthly and 4.9% annualized. The Core CPI for July is predicted to increase 0.5% monthly and 3.1% annualized. Forex traders can compare this to Core CPI for June, which increased 0.3% monthly and 3.2% annualized. The forecast for the EUR/ZAR turned bearish after price action failed to extend its rally, set a lower high, and formed a double top. Can bears pressure the EUR/ZAR into its horizontal support area? You can find our Website/Telegram Links in Description Below in "Find me on" ↓↓↓
Short
by FOREXN1
EUR/ZAR: FUNDAMENTAL FORECAST + PRICE ACTION|SHORT SETUP 🔔German Industrial Production for April is predicted to increase 0.5% monthly. Forex traders can compare this to German Industrial Production for March, which increased 2.5% monthly. The German ZEW Survey Current Situation Index for June is predicted at -27.8, and the German ZEW Survey Economic Sentiment Index at 86.0. Forex traders can compare this to the German ZEW Survey Current Situation Index for May, reported at -40.1, and to the German ZEW Survey Economic Sentiment Index, reported at 84.4. The advanced Eurozone GDP for the first quarter is predicted to decrease 0.6% quarterly and 1.8% annualized. Forex traders can compare this to the previous Eurozone GDP for the fourth quarter, which decreased 0.7% quarterly and 4.9% annualized. Eurozone Employment for the first quarter is predicted to decrease 0.3% quarterly and 2.1% annualized. Forex traders can compare this to Eurozone Employment for the fourth quarter, which increased 0.3% quarterly and decreased 1.9% annualized. The South African GDP for the first quarter is predicted to increase 2.5% quarterly and decrease 3.2% annualized. Forex traders can compare this to the South African GDP for the fourth quarter, which increased 6.3% quarterly and decreased 4.1% annualized. The forecast for the EUR/ZAR remains bearish with the economic outlook for the Eurozone and how the ECB will handle inflation than for South Africa and the SARB. Will bears remain in charge of price action in the EUR/ZAR and force it into its next horizontal support area?
Short
by FOREXN1
7
EURZAR LONG on the structure area retestingHi Traders, This is my view on this cross for the next few days. #EURZAR BUY 18.067 SL 17.837 TP 18.5 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Trading Kitchen
Long
by kitchen_trading
UPDATE !! EURZAR on a retest 🦐After our last call, which already trigger with a nice profit, we can look again for the one who missed it at a 2nd chance to enter in market. The price retrace at the 0.5 fib level of the previous leg and we could even expect to see a further move up to the 0.618 fib level (around 19.676) level for a retest of the resistance structure. If the market will give us a hint of inversion we can look for an opportunity to enter with a short position according to our signal. For the one that are still holding the previous position we can expect the market to make a new move to the downside. ––––– Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Short
by InkyGrip