Bullish recovery underway?USD/ZAR has bounced off the pivot, which is a pullback suport and could rise toward the 1st resistance.
Pivot: 16.28402
1st Support: 16.18543
1st Resistance: 16.46856
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Marke
U.S. Dollar / South African Rand
No trades
No trades
Compare with USD to ZAR
Details
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.
Bearish continuation?USD/ZAR is rising toward the pivot, which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could reverse toward the 1st support, which is a pullback support.
Pivot: 16.28915
1st Support: 16.11527
1st Resistance: 16.44291
Disclaimer:
The opinions given above constitut
Bearish reversal at overlap resistance?USD/ZAR is rising toward the pivot, which is an overlapping resistance and could reverse toward the 1st support.
Pivot: 16.46561
1st Support: 16.31565
1st Resistance: 16.57807
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of
Bearish continuation?USD/ZAR is rising toward the pivot, which acts as overlapping resistance and could reverse toward the 1st support.
Pivot: 16.19174
1st Support: 15.97281
1st Resistance: 16.34508
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice
Potential long setup?USD/ZAR is falling toward the pivot and could bounce toward the 1st resistance, which is a pullback resistance.
Pivot: 16.50226
1st Support: 16.28926
1st Resistance: 16.76814
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of
USDZAR pre-US NFPThe rand has managed to regain all its losses after the SARB rate pause and then some. The rand was afforded the room to move following the Yen-tervention last week coupled with a bout of risk-on sentiment in anticipation of a MOU between the US and Iran, which has weakened the broad-based dollar in
Falling towards 61.8% Fib support?USD/ZAR is falling toward the pivot, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce towards the 1st resistance, which is a pullback resistance.
Pivot: 16.59894
1st Support: 16.35283
1st Resistance: 16.89960
Disclaimer:
The opinions given above const
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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.
Frequently asked questions
The current rate of USDZAR is 16.15050 ZAR — it has increased by 0.02% 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 0.44%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The USDZAR showed a −1.06% fall over the past week, the month change is a −1.70% fall, and over the last year it has decreased by −8.02%. 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 sell 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 sell. See more of USDZAR technicals for a more comprehensive analysis.









