SOUTH AFRICAN RAND / U.S. DOLLAR forum
USDZAR Analysis for USD/ZAR (Exotic Pair)Current Price:
• Ask: 18.88390
• Bid: 18.87057
Technical Indicators:
1. Support Zone: 18.75000
2. Resistance Zone: 19.00000
3. RSI: Overbought, indicating potential bearish correction.
4. Trend: Strong bullish momentum, with the possibility of a retracement near 19.00000.
Recommendation:
• Position: Short
• Take Profit: 18.75000
USDZAR gold market open soon don't miss gold Signals 290 pips target
USDZAR Well, the day's takeoff came as a surprise though it was long overdue and expected...
USDZAR I think there's invented cup and handle on the weeky time frame ¿
USDZAR I got dribbled by this bearish move. I expected price to touch slightly above 18.50. Managed couple of BEs and one L.USDZAR gold hit my 600 pips target
USDZAR it was very much manipulated. I wonder what some of you guys leverages were because they would not let it go over 18.06 and it dropped 1000 pips within 30 minutes. Next week we try again. Have a great weekend familyUSDZAR Entry not so great but still holding longsUSDZAR 18.01 is a decent buying point with a tight SL. Pay attention to Non farm news tomorrow, good luck!USDZAR Took fresh buys here, hoping for the moon.