USDZAR-SELL strategy 12 Hourly chart GANNThe pair remains under pressure, even though we are oversold (not extreme, but getting to become). I am cautiously suggesting SELL strategy due to the reason we are on the verge breaking down through the major support level, whilst we are protected 17.7150-17.7450 area.
Strategy SELL @ 17.6950-17.7
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.
USDZAR-BUY strategy 2D CHART GANN The pair looks a BUY from a medium-term perspective. we have lower RSI area and also a positive MACD and Fisher form, and others. There are some short-term pressures downside, but overall picture feels we may see movement back towards 18.40s in the medium-term.
Strategy BUY @ 17.7500-17.8150 area a
USDZAR-NEUTRAL BUY strategy 6 Hourly chart GANNThe pair made a sudden rush upwards, whilst we have negative USDX and other currencies and stronger GOLD. This places caution on BU*Y side, however noting we are improving on the pair its USD value stance. The resistance 17.8150-18.8500 and 18.9500 are the areas to watch.
Strategy BUY @ 17.7350-17
USDZAR-SELL strategy 3 Hourly chart Reg.ChannelThe pair has first moved higher due to the fundamental pressures, but seems to trade side ways to lower. Indicators tend to suggest lower levels again, and feel that 17.7500 area could be seen short-term.
Strategy SELL @ 17.9000-17.9500 and take profit near 17.7650 for now.
USDZAR-CAUTIOUS SELL strategy 6 hourly chart GANNthe pair is drifting lower in silent mode :) it feels we may have an attempt to break 17.7500 area and if successful on close, the possible should-head-shoulder top may be something to think about. Medium term i see still see higher, however, short-term we are not out of the woods as yet, and the US
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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 17.99650 ZAR — it has increased by 0.24% 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 0.27%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDZAR showed a 0.69% rise over the past week, the month change is a −0.93% fall, and over the last year it has decreased by −1.29%. 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 neutral 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 sell signal, and 1 month rating is neutral. See more of USDZAR technicals for a more comprehensive analysis.