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USDZAR

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
💡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
15
USDZAR bounced over a monthly support 🦐USDZAR after the long dowtrend reaches a monthly support. The price bounced sharply and create a nice impulse. Now the price is consolidating below a minor resistance and if the price will break above we can consider a nice long position. –––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. 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 the Plancton0618 strategy will trigger.
Long
by InkyGrip
18
USDZAR 14.842247 - 0.2% SHORT IDEA * BREAKOUT & CONTINUATIONHello everyone Here's a look at the DOLLAR / ZAR from the 4H chart, hope you are good have a splendid week. Can we continue to see ZAR gain strength against the DOLLAR in the coming weeks highly possible now we have a significant support level 14.16190 looking for a break of this level targeting FIB EXT -61.8 so on this one looking for continuation with the bears even if structure holds and we see a retest of the roof of the descending channel unless we start to see momentum shift and a break above of the structure looking for moves with the bears. many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Short
by PULEMokhothu
USD ZAR BUY (US DOLLAR - SOUTH AFRICAN RAND)Hi there. Price is forming a reversal pattern to change its direction. These are the fundamental reasons for a possible USD/ZAR bullish scenario: Sentiment shifts: Bullish scenario: A breakdown in US stimulus talks and a possible towards a government shutdown; FDA rejecting or postponing the approval of the Pfizer vaccine; a breakdown in Brexit talks with no deal by EU summit. In this scenario we would expect to see downside in equities across the board, with US equities expected to fall more if we see US stimulus talks break down and more downside for EU equities if we see Brexit talks collapse and upside in the dollar across the board. Strong equity sell offs are usually accompanied with some support for the US dollar as the world’s reserve currency and with its safe haven status as well as Japanese yen and Swiss franc .
by thunderpips
2
Ke Dezemba update Old target range is at jeopardy following the break below 15.00 this week. Revised target (15.50 and 15.64). A break above 15.36 could be a signal for a turn of trend and a possible bottom-out. The MACD is still holding a buy-signal and a move towards the 50-day EMA looks likely as dollar short sellers will look to close their short positions before year-end. There is however a possibility of a looming bear flag and a weekly close below 15.00 will see the pair fall to the major support rate of 14.84 or lower towards the trend line from 2019. Fundamentals: Disappointing local data dampened rand buying yesterday. Mining-, gold- and manufacturing production all came back weaker, compared to the production levels from September, in October. The South African current account swelled to R297.5 billion in the third quarter, up from the second quarter’s deficit of R123.7 billion. On paper this looks like a positive print but if we dig a little deeper the current account increase was due to the 201.4% increase in exports, largely driven by vehicle, precious metals and base metal exports. Again, this is positive, but imports declined by 1.6% which concerning as it highlights the feeble local investor and consumer demand. The commodity price recovery, particularly metals and crude oil, is however supportive of further rand appreciation before year-end.
Long
by GustavFourie96