USD / ZAR 대한 외환 분석

Here are the main exotic currencies offered by FBS in MetaTrader: the Turkish lira, Brazilian real, Mexican Peso, Russian Ruble, South African Rand. Most of them are regional, relatively weak currencies. That’s why, against the USD, they can’t do anything but depreciate – for years. That brings mane...

What happened? The Fed is pushing investors to emerging markets. The lower rates for longer implies the falling yields for the US dollar. Elsewhere, the Covid-19 pandemic is getting out of control in the world’s largest economy, which drives traders away from the US dollar. Moreover, the optimistic ...

Goldman Sachs claims the ZAR may rise further, if global markets keep rallying. Let’s discuss it in detail. Fundamentals The South African Rand has depreciated a lot during the coronavirus pandemic. Indeed, the emerging economy was struggling from many different problems. The virus spread made thing...

Trade idea SELL 14.5450; TP 14.4600; SL 14.5730 It looks like USD/ZAR is capable of more downside on the ongoing trade optimism and as the market’s view switches to the Federal Reserve’s meeting later this month. The pair has broken below the 50% Fibonacci retracement of the July-August advance and ...

Trade idea SELL 14.60; TP 14.5250; SL 14.63 It looks like USD/ZAR has overdone its increase in the short-term. The currency pair formed a bearish candlestick with a long upper wick on D1. It tested levels beyond the third weekly pivot resistance level but failed to stay there. As a result, we see a ...

Trade idea SELL 14.34; TP 14.28; SL 14.36 USD/ZAR met the resistance of the line connecting September, March and May highs in the 14.50 area and formed a candlestick with a long upper wick on D1. The pair is consolidating in a triangle and may revisit its lower border provided by the support line si...