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Technical Analysis of USD ZAR

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USD/ZAR: stabilization planned
USD/ZAR: stabilization planned
The South African rand has been following a downward trajectory since its peak in early April. The spike at the beginning of June did not change this trend. It aims at the channel within 15.82 – 16.46: this is the likely zone to where the USD/ZAR will drop to pick up its pre-virus trajectory. Given ...
9
USD: technical outlook
USD: technical outlook
The confusion created by the Sino-American relations coupled with virus-related economic factors pushed the USD to rise against some currencies and lose against the others in today’s session. Let’s see a technical disposition in the most interesting cases so you can set your trades accordingly. USD/...
17
MXN and ZAR: brothers in arms
MXN and ZAR: brothers in arms
Technicals On the H4 chart of the USD/MXN, the USD lost its value to drop below the Moving Averages. It trades slightly above the tactical support of 23.07 and appears to be going in consolidation at that level.   The picture with the USD/ZAR is almost identical: the price drops below the Moving Ave...
10


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