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  1. USD/ZAR - long-term ranging for direction

    by , 12-20-2018 at 10:30 AM
    The pair is located inside Ichimoku cloud for the monthly price waiting for the direction of the direction of the bullish trend to be resumed or to the bearish market condition to be started.

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    • If the price breaks 15.69 resistance level to above so the long-term bulish market condition will be resumed for whole 2019.
    • If the price breaks 11.78 support level to below on close monthly bar so we can see the bearish condition to be started and continuing
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  2. USD/ZAR Technical Analysis: ranging bearish near bullish reversal

    by , 09-07-2016 at 02:34 AM
    Daily price was bounced from 14.7479 resistance to below for 13.9516 support level as a target: The price is located below 100 SMA/200 SMA in the bearish area of the chart within the following support/resistance levels:

    • 15.1978 resistance level located near and above 200 SMA in the beginning of the daily bullish trend to be started, and
    • 13.1963 support level located far below 100 SMA/200 SMA in the beginning of the bearish trend to be resumed.

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