Bullish bounce?USD/ZAR is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 18.42633
1st Support: 18.12402
1st Resistance: 18.77859
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex
About U.S. Dollar / South African Rand
The U.S. Dollar vs. the South African Rand. The Rand was and became legal tender in the late 50’s to early 60’s for South Africa, Swaziland, Lesotho and Namibia after moving away from the Pound. After the apartheid era sanctions the Rand experienced a great deal of volatility and depreciation.
USD/ZAR Bullish Structure Holds, Waiting for PullbackUSD/ZAR is currently trading at 18.80, having recently rejected the key resistance level near 19.00, which has acted as a historical ceiling multiple times. Despite the rejection, the pair maintains a clear bullish structure and continues to trade above the Ichimoku cloud (Span A at 18.86 and Span B
USDZAR-BUY strategy 9 hourly chart - Regression channelThe pair has moved a little lower yesterday, and has returned above 18.60s.
The pressure is slightly upwards, but its not completely confirmed, since we have are moving slowly and not a solid move so far.
Strategy BUY @ 18.6150-18.6550 and take profit near 18.8850 for now.
USDZAR-NEUTRAL SELL strategy 6 hourly Regression channelThe pair has drifted lower as expected, but the volatility is low, hence we should not expect a very strong continuation of the move lower. Further, GOLD is overbought, and the pair could spike back easily when this correction commences.
Strategy SELL @ 18.7750-18.8150 and take profit near 18.5575
USDZAR-BUY strategy 6 horuly chart GANN The pair has been undergoing some downward pressures, but my overall indicators seems still showing upside potential. I would be careful below 18.7500 though, as this may fill the gap 18.6000 and low again.
Strategy is for now BUY @ 18.8250 - 18.8650 and take profit near 19.0450. I am not committe
Bullish bounce?USD/ZAR is reacting off the pivot and could bounce to the 1st resistance.
Pivot: 18.71637
1st Support: 18.44436
1st Resistance: 19.07855
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex an
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of USDZAR is 18.79430 ZAR — it has increased by 0.62% in the past 24 hours. See more of USDZAR rate dynamics on the detailed chart.
The value of the USDZAR pair is quoted as 1 USD per x ZAR. For example, if the pair is trading at 1.50, it means it takes 1.5 ZAR to buy 1 USD.
The term volatility describes the risk related to the changes in an asset's value. USDZAR has the volatility rating of 1.51%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDZAR showed a −0.16% fall over the past week, the month change is a 2.97% rise, and over the last year it has decreased by −1.65%. Track live rate changes on the USDZAR chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade USDZAR right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with USDZAR technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the USDZAR shows the buy signal, and 1 month rating is buy. See more of USDZAR technicals for a more comprehensive analysis.