The USDZAR increased by 30% form the minimum touched in Feb (look at the big green candle present on this chart ) , a bounce that created an overbought situation as show the RSI oscillator At this point the pair could correct its course , going down toward the support provided by the Fibonacci Expansion (61,8%)
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Na páre USDZAR držím long v objeme 2 mil. od minulého týždňa. Včera som plánoval tento long uzavrieť nakoľko sa pár dostal pod zelenú trendovú líniu. Nakoniec som ho však ponechal a pár sa odrazil od supportu na úrovni 13,27 vyššie. Očakávam preto ďalší rast páru.
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Верхний график из моего блога от 01.08. Нижний -- текущий. Четко отработало предположение роста. На следующем графике возможный вариант развития. Закрытие 02.08 съело предыдущие 6 дней. Большая вероятность обновления максимума 02.08. Логично купить в понедельник в 05:00. Уровни TP и SL на графике. В случае закрытия дня выше 13.50 возможно движение в район 13.63.…
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Hello, my dear friends and the fellow community members, Today was British Pound's day with the Official bank rate decision. The Cable made a run high before losing more than 100 pips for the day. I took a long position in GBPUSD and GBPJPY and was out very soon because of the large fluctuations and was stopped out of my GBPUSD position whereas my GBPJPY position is still open. I am also currently long in USDZAR. I will keep updating if there is anything as of now I will keep these positions ope…
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Pár USDZAR sa aktuálne nachádza v klesajúcom kanáli, avšak pohyb z posledných týždňov pripomína tvorbu formácie vlajka a preto očakávam, že po prerazení hornej hrany klesajúceho kanála, dôjde k prudkému rastu vyššie Som preto long.
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На дневном графике, после коррекции к 12.98, возможен рост в виде импульса в район 15.02. На 4-часовом графике более подробная разметка. Возможно боковое движение со снижением к 12.92. Затем рост в район 14.57 с промежуточными целями для коррекций 13.61 и 13.93. На часовом графике возможное развитие на несколько дней. Пока что приоритет вниз. Но закрытие дня выше 13.2750 отправит пару наверх. На 03 сентября 12:00 GMT цена будет 13.27566.…
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The USDZAR remain bearish despite a bounce by 20% viewed this year. In fact it failed to breach the dynamic resistance provided by the bearish trend line and at the moment the RSI oscillator is to 47
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Hi traders, USD looks a bit weak for this week. So I placed a trade on USDZAR today for a good 2800pips Target profit. 12.99 level is the target level. Let's see how USD react today. Attached USDZAR Daily chart.
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Hi traders, It is Friday today and today I will share about my trade on USDZAR (US Dollars Vs South Africa Rand). Attached together is the chart of USDZAR on the Daily timeframe. We can clearly see that USDZAR has been on the decline since the 3rd of July 2018. I believe it will continue going down till my target profit level of 13.4000 My entry was from 13.5349 level. My stop loss is at 13.9200 level. Have good weekend ahead.
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Hello my dear friends and the fellow community members. USDZAR seems to be making a double top on the 4H chart as attached. I am expecting a downmove from here as the neckline has already been broken and retested today. Happy trading to all.
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