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-SELL strategy 12-hourly chart GANN SQThe pair has moved aggressively upwards due to thin holiday trading period, and we reached near 18.8700 area before moving down to 18.6150 and upwards again near 18.7900.
The pair is over extended, and I suspect we will see 18.45-18.5250 again near term.
Strategy SELL @ 18.6750-18.7350 and take p
USDZAR updateUSDZAR TP1 hit congratulations to those who follow my ideas,signal shared before the pick,stay active for next signals thank you
USDZAR lets shortAnd welcome to our last Weekly Rand Review of 2024!
The Rand had a nightmare week after several weeks of gains, what with interest rate cuts and political shake-ups around the globe, coupled with South Africa’s first FDI outflows in four years.
But it wasn't just the Rand that suffered, as global
USDZAR-SELL strategy 3-hurly chart GANN SQThe pair has climbed nicely and now whilst GOLD is firm, and the pair being overbought, the chances are pull back 18.1575 area.
Strategy SELL @ 18.4000-18.4500 and take profit near 18.2175 for now.
Falling towards 38.2% Fibonacci support?USD/ZAR is falling towards the pivot and could drop to the 1st support.
Pivot: 17.92031
1st Support: 17.78236
1st Resistance: 18.19084
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Potential drop followed by a long opportunity USDZAR managed to create bullish after finding momentum on a significant support. Currently the bullish move looks to be fading, as price action failed to cement this momentum above 18.220. As the pair develops, the below support barriers will be essential aims were the pair may fall towards and kic
USD/ZAR LONGThis is not really a currency I trade much much everything lines up for a trade to the upside. I have weekly daily and 4h timeframes as bullish and we have pulled back to a pretty well respected daily zone. So on Sunday/Monday I’ll be looking for potential entry opportunities to take it to the next
USD/ZAR BULLISH MOVE FORECASTThis Instrument is on the uptrend move, bulls have shown their super powers in place.... check for entries and exits in H4 and refine in H1. Thank you.
USD/ZAR LONGS UPDATEI entered USD/ZAR last Friday and swung it into this week and it just hit take profit while I was sleeping so a great start to the week.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of USDZAR is 18.82006 ZAR — it has increased by 0.13% 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 1.20%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDZAR showed a 2.31% rise over the past week, the month change is a 3.26% rise, and over the last year it has increased by 1.67%. 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 buy 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 strong buy signal, and 1 month rating is buy. See more of USDZAR technicals for a more comprehensive analysis.