Markets By TradingView
Daily Analysis
2307
0

Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum

Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum

Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum
Yazar: Ross Sutton

Yayınlanma: 20 Ekim 2022 20:06

Güncellenme: 20 Kasım 2024 06:20

Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum

    Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum   The price of USD/ZAR (South African Rand) continued to rise even after relatively strong consumer inflation data.  

Bull Market Outlook

 
  • Buy USD/ZAR and make a profit at 19,00.
  • Add a stop-loss at 18,10.
  • Timetable: 2 days.
 

Forex Signal For USD/ZAR: South African Rand Collapse Gains Momentum

 

Bear Market Outlook

 
  • Take a sell stop at 18,19 and a profit at 17,50.
  • Add a stop-loss at 18,70.
  The USD/ZAR price has been on a strong uptrend this year, while the US dollar index continues to rise in a very hawkish Federal Reserve environment. The pair is up more than 25% in the last 12 months, climbing to 18,56, the highest level since 2020. The South African rand fell more than 57% from its February 2018 low.   usdzar_20102022_cryspus  

You may also be interested in:

Forex Signal For EUR/USD: Stuck in a Narrow Range as Triangle Pattern Forms

 
Sonraki

Forex Signal For USD/TRY: Stability Before Interest Rate Disclosure

İLGİLİ HABERLER
European stocks soared and focus shifted to German retail sales after Powell's speech!
European stocks soared and focus shifted to German retail sales after Powell's speech!
Forex Signal For TRY/USD: Inflation Slowdown in November.
Forex Signal For TRY/USD: Inflation Slowdown in November.
Forex Signal For GBP/USD: Bullish Trend Still Not Breaking While Recovery Continues.
Forex Signal For GBP/USD: Bullish Trend Still Not Breaking While Recovery Continues.
Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.
Forex Signal For EUR/USD: Starry US Data Points to Higher Fed Increases.
Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.
Forex Signal For BTC/USD: Downside Continues as Bitcoin Recovery Moves Less.
En Popüler Haberler

Yorum Yap

Yazılan yorumlar hiçbir şekilde Son Ekonomi Haberleri - Türkiye Dünya - ieconomy.io görüş ve düşüncelerini yansıtmamaktadır. Yorumlar, yazan kişiyi bağlayıcı niteliktedir.

Yorumlar

Henüz yorum yapan yok! İlk yorumu siz yapın...

Borsa, Kripto, Hisse, Emtia ve Döviz Haberleri

ieconomy: Türkiye'nin en kapsamlı ekonomi haber sitesi. Son dakika haberleri ve en güncel haberler ieconomy'da.