Usdzaranalysis
USD/ZAR is bullish on 4h chart!!!I see a bullish divergence at macd histogram on 4h chart.
Profit Targets:
14.03
14.22
14.39
Stoploss:
13,70
Have a nice day,
Berk
USDZAR shortFX:USDZAR
1. Lower highs formed
2. Resistance holding
3. Consolidation at resistance (bulls out of steam?)
4. 200ema broken
5. Targets from 14.11 to the 13.90's
SL 14.63030
TP1 13.90285
TP2 13.60857
TP3 13.37187
Entered at market price 14.33650
USDZAR setupThis is my view on USDZAR. Not my favorite pair but right now there is good opportunity, also need chart pattern conformation.
USDZAR Head and shoulders patternPrice target is as shown. I will wait for the neckline to break. Most emerging market currencies are set to win value against the dollar.
USDZAR - bullish divergence.. buyI don't trade USDZAR but got request from one of my follower...Buy USDZAR now take profit in the chart..please make sure to book profit at every target.
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Vinny
USD/ZAR Swing Trade IdeaUSD/ZAR analysis using ghost feed. Took previous price action around before last major swing high to swing low as an idea for future price action. Trade idea based upon previous market structure which is following the most recent trend. The market tends to repeat itself at times; trade idea also reflects that if this plays out, price is contained in downward channel as noted. This analysis is for study and educational purposes only. Trade at your own risk.
USDZAR - strong resistance - SHORTNot much to say, everything on chart.. short for quick profit
1. Very strong resistance on fib levels, getting rejected everytime
2. long term bullish but enjoy the small dip expecting to 0.5 or 0.618 level dip
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Regards,
Vinny
(Buys) USDZAR Technical Analysis for April 3, 2018Potential longs on this pair. So we trade a bull break out with buy stops at 11.90, stops at 11.78 and take profits at 12.40 and higher
USDZAR setup - Ratings Decision on FridayInteresting setup on USDZAR - Ratings decision on Friday Evening.
For reference on setup - read this article .
Inflection points identified in yellow shades, interesting volume profile on both the 30min and 1D. Thin volume at current price level, could help the velocity of the bounce!
With thanksgiving in the US, we might see a turkey-shoot!!
Anyway Juicy Setup@!
H4 basic wedge viewa basic view 44
is in a wedge waiting to breakdown or breakout
nit have every support and resistance on the chart
he also broken down a 1h uptrend line
USD/ZAR 1D Chart: Symmetrical TriangleUSD/ZAR 1D Chart: Symmetrical Triangle
The American Dollar is trading against the South African Rand in a symmetrical triangle pattern that started to form after a 12% appreciation of the buck in the end of May.
At the moment, the figure consists only of five confirmation points, which means that the current formation might sustain up until October.
On the other hand, the July’s fail to reach the lower support line allows redrawing boundaries of the pattern.
In that alternative case a breakout might happen already by the end of August.
Most probably, the currency rate is going to choose a southern direction, as the opposite side is reliably secured by the 200-day SMA.
Moreover, such course would allow the pair to continue to fluctuate within the senior formation.
