ZAR
EXX not breaking through supportJSE:EXX has been struggling at a support level since late August. It doesn't seem like it is going to be breaking through any time soon, so I am looking out for confirmation to possibly enter a long position. If it breaks through the fractal of the 27th of September, I will consider entering.
Chf/Zar possible H&S / Cup & Handle. either way bullishHello Traders. This is Fdz Bringing to your attention my analysis on the Chf/Zar pair.
I spy with my eyes a completed Inverse Head & shoulders turned into a Cup & handle. both patterns are bullish.
retest/handle seems complete. might rally when reports are released. Im placing my stop under the shoulders.
Tp in place. Happy trading.
CLS at possible turning pointJSE:CLS is trading at a significant resistance level at the moment. It will most likely not break through this level. The stochastic indicator is looking like a turn downwards is imminent as well.
If this level is broken and a higher high is confirmed, we could continue with the strong momentum in an upward direction.
We will just have to wait and see which direction is chosen
The rand vs the Euro - Longer term viewNeeded to buy some euros with zar so thought i would pull up a longer term chart to see when i should be buying!
So far so good, predicted yesterdays drop 9 days ago and hit my green box, if at all i will be buying again it should be around those new levels to complete our Z.