Chart USD/ZAR Update: Consolidating - background studies under pressure

May 15, 2024 10:22 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart USD/ZAR Update: Choppy in range - background studies under pressure

May 14, 2024 10:39 AM UTC

Cautious trade has reached 18.3000, where rising intraday studies are prompting choppy trade

Chart USD/ZAR Update: Extending February losses

May 13, 2024 10:49 AM UTC

Cautious trade is giving way to the anticipated extension of February losses

Chart USD/ZAR Update: Poised to extend losses

May 10, 2024 10:46 AM UTC

Still little change, as prices extend pressure on critical support at the 18.4100 Fibonacci retracement

Chart USD/ZAR Update: Consolidating - potential for a later break below the 18.4100 Fibonacci retracement

May 9, 2024 11:06 AM UTC

Little change, as prices extend consolidation above congestion support at 18.5000

Chart USD/ZAR Update: Limited tests higher - background studies continue to track lower

May 8, 2024 11:06 AM UTC

Consolidation within the 18.4100 - 18.5000 support area has given way to a bounce

Chart USD/ZAR Update: Balanced within 18.4100-18.5000 - background under pressure

May 7, 2024 10:47 AM UTC

Still little change, as mixed intraday studies and flattening oversold daily stochastics keep near-term sentiment cautious

Chart USD/ZAR Update: Pressuring 18.5000 - studies leaning lower

May 3, 2024 10:46 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart USD/ZAR Update: Consolidating test of 18.5000 - studies under pressure

May 2, 2024 10:55 AM UTC

Anticipated losses have reached congestion support at 18.5000

Chart USD/ZAR Update: Focus remains on 18.4100 - 18.5000

May 1, 2024 11:24 AM UTC

The test above congestion resistance at 18.7500 has not been sustained

Chart USD/ZAR Update: Lower towards 18.4100 - 18.5000

April 30, 2024 11:01 AM UTC

Anticipated losses have broken below 18.7500 to reach 18.5800

Chart USD/ZAR Update: Room for still lower

April 29, 2024 10:51 AM UTC

Cautious trade has given way to the anticipated break lower

Chart USD/ZAR Update: Consolidating - daily studies under pressure

April 26, 2024 10:32 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart USD/ZAR Update: Sharp reversal lower - daily studies turning down

April 25, 2024 10:52 AM UTC

Cautious trade beneath resistance at 19.2000 has given way to a sharp pullback to congestion support at 19.0000

Chart USD/ZAR Update: Consolidating - background studies rising

April 24, 2024 10:28 AM UTC

The test of resistance at 19.2000 has not been sustained

Chart USD/ZAR Update: Edging higher

April 23, 2024 11:28 AM UTC

Consolidation above 19.0000 has given way to a test of 19.2000

Chart USD/ZAR Update: Consolidating

April 22, 2024 10:35 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart USD/ZAR Update: Consolidating spike higher - potential for limited gains

April 19, 2024 10:30 AM UTC

Consolidation has given way to a reactive break higher

Chart USD/ZAR Update: Further consolidation. Daily studies under pressure

April 18, 2024 10:19 AM UTC

Still little change, as prices extend consolidation following the test of resistance within 19.0000 - 19.1050

Chart USD/ZAR Update: Consolidating test of strong resistance at 19.0000 - 19.1050. Daily studies turning down

April 17, 2024 10:34 AM UTC

Still little change, as prices extend consolidation following the test of resistance within 19.0000 - 19.1050

Chart USD/ZAR Update: Extending pressure on strong resistance at 19.0000 - 19.1050

April 16, 2024 10:50 AM UTC

Little change, as prices extend pressure on resistance within 19.0000 - 19.1050