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USDZAR

💡Don't miss the great buy opportunity in USDZARMidterm 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 trough at 14.51015 on 2020-12-18, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 14.7500 on 01/21/2021, so more gains to resistance(s) 15.3750, 15.6585, 16.0745 and maximum to Major Resistance (16.3405) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 55. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (14.761 to 14.503). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. . Beginning of entry zone (14.761) . Ending of entry zone (14.503) Take Profits: TP1 @ 15.3750 TP2 @ 15.6585 TP3 @ 16.0745 TP4 @ 16.3405 TP5 @ 17.1045 TP6 @ 17.7885 TP7 @ 19.3350 TP8 Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
11
💡Don't miss the great buy opportunity in USDZARMidterm 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 trough at 14.51015 on 2020-12-18, the probability of downtrend continuation is decreased and the probability of beginning of uptrend is increased. The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased. A trough is formed in daily chart at 14.7500 on 01/21/2021, so more gains to resistance(s) 15.3750, 15.6585, 16.0745 and maximum to Major Resistance (16.3405) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 55. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (14.761 to 14.503). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. . Beginning of entry zone (14.761) . Ending of entry zone (14.503) Take Profits: TP1 @ 15.3750 TP2 @ 15.6585 TP3 @ 16.0745 TP4 @ 16.3405 TP5 @ 17.1045 TP6 @ 17.7885 TP7 @ 19.3350 TP8 Free ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
6
9 Trade Plans from Today's Live StreamQuick Video recapping all trade plans from the earlier live stream TRADE PLANS INCLUDE: EURUSD XAUUSD USDCHF GBPJPY USDCAD USDZAR EURAUD USDMXN CADJPY ---------------------------------- Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
by Michael_Harding
BIG OPPORTUNITY IN USDZAR - USD/ZAR - YOU CAN MAKE HUGE PROFITBIG OPPORTUNITY IN USDZAR - USD/ZAR Dear Friends , This is "Weekly" chart for USD/ZAR - High is 19.33 and current Trading between 14.67/14.69 , Huge Support at 13.97/if broken next big support 13.16 , Important part is RSI which is already at 30 and since 2009 it never went down below this point in weekly chart , weekly chart means you can see here for long term profit till 17 atleast , Good Luck , Happy and Safe Trading..!!!
Long
by UnknownUnicorn6253288
1
💡Don't miss the great buy opportunity in USDZARTrading 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 support. . The RSI is at 70. Take Profits: TP1= @ 15.0992 TP2= @ 15.2928 TP3= @ 15.4861 TP4= @ 15.7403 TP5= @ 16.0805 TP6= @ 16.7300 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
9