Bullish bounce at key support?USD/ZAR is falling toward the pivot, which is an overlap support, and could bounce toward the 1st resistance, which is a pullback resistance.
Pivot: 16.47088
1st Support: 16.33293
1st Resistance: 16.66603
Disclaimer:
The opinions given above constitute general market commentary and do not consti
SOUTH AFRICAN RAND / U.S. DOLLAR
No trades
No trades
Peers for comparison
Is the Rand Ready to Crush the US Dollar?A Shifting Macroeconomic Landscape
South Africa faces a crucial economic turning point. The rand tests key resistance levels against the US dollar. Analysts at Investec peg the fair value of the currency between 16.00 and 16.50. UBS forecasts the USD/ZAR pair will reach 16.00 by March 2027. Rising
Sellers taking control?USD/ZAR has rejected the pivot and could fall toward the 1st support, which is a pullback support.
Pivot: 16.47088
1st Support: 16.27077
1st Resistance: 16.62095
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or
Bullish bounce at 61.8% Fib support?USD/ZAR is falling towards the pivot, which is a pullback support that aligns with the 61.8% Fibonacci retracement and could bounce toward the 1st resistance.
Pivot: 16.47679
1st Support: 16.32801
1st Resistance: 16.7850
Disclaimer:
The opinions given above constitute general market commentary a
Bullish bounce setup?USD/ZAR is falling towards the pivot, which is a pullback support, and could bounce towards the 1st resistance, which is also a pullback resistance.
Pivot: 16.46990
1st Support: 16.27674
1st Resistance: 16.89271
Disclaimer:
The opinions given above constitute general market commentary and do not
Daily USDZAR pre-FedThe red range between 16.15 and 16.30 which has supported the pair throughout the year has now flipped from a support to a resistance. This range along with the 50-day MA has limited the rand’s losses after the ECB rate hike and escalated geopolitical tension.
Moving over to the Federal reserve,
Bullish bounce setup?USD/ZAR is falling towards the pivot, which is a pullback support and could bounce towards the 1st resistance.
Pivot: 16.27609
1st Support: 16.09724
1st Resistance: 16.55277
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of I
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
Today, ZAR/USD rate is 0.0602 USD.
For broader market analysis, dive into the technicals on the ZARUSD live chart and read the latest ZARUSD news:
– US Market Open: Risk sentiment dips in limited newsflow ahead of Fed speak with focus turning to NFP
– US Market Open: European bourses/US futures under pressure amid a firmer USD & further debt downside
– US Market Open: Broadly constructive risk tone after a RBA tightening slowdown & ahead of Fed speak
For broader market analysis, dive into the technicals on the ZARUSD live chart and read the latest ZARUSD news:
– US Market Open: Risk sentiment dips in limited newsflow ahead of Fed speak with focus turning to NFP
– US Market Open: European bourses/US futures under pressure amid a firmer USD & further debt downside
– US Market Open: Broadly constructive risk tone after a RBA tightening slowdown & ahead of Fed speak
Markets don't sleep, here's what's going on with ZARUSD at the moment:
– US Market Open: Risk sentiment dips in limited newsflow ahead of Fed speak with focus turning to NFP
– US Market Open: European bourses/US futures under pressure amid a firmer USD & further debt downside
– US Market Open: Broadly constructive risk tone after a RBA tightening slowdown & ahead of Fed speak
See more updates in real-time with our News Flow.
– US Market Open: Risk sentiment dips in limited newsflow ahead of Fed speak with focus turning to NFP
– US Market Open: European bourses/US futures under pressure amid a firmer USD & further debt downside
– US Market Open: Broadly constructive risk tone after a RBA tightening slowdown & ahead of Fed speak
See more updates in real-time with our News Flow.
The safest way to trade ZARUSD is through a reliable broker. Create an account, fund it, and place a buy order.
You can trade ZARUSD directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders without leaving the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
You can trade ZARUSD directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders without leaving the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
It's worth checking ZARUSD rate change for various periods to get the full picture:
– 1 day — −0.17%
– 1 week — +1.01%
– 1 month — +0.17%
ZARUSD's all-time low was 0.0501 USD (May 25, 2023), and its highest price is 0.1675 USD (Apr 19, 2006). Track the dynamics with the latest forex news right on TradingView.
– 1 day — −0.17%
– 1 week — +1.01%
– 1 month — +0.17%
ZARUSD's all-time low was 0.0501 USD (May 25, 2023), and its highest price is 0.1675 USD (Apr 19, 2006). Track the dynamics with the latest forex news right on TradingView.
When trading ZARUSD, one should keep in mind many factors.
First, analyze the fundamentals:
– Macroeconomic data: Inflation, GDP, employment, and other key indicators in the economies behind both currencies
– Central bank policy: Interest rate decisions and monetary policy from the respective central banks
– Market sentiment: Check what other traders anticipate
– News flow: Geopolitical events and economic releases
Then check technical ratings:
– Today — buy
– 1-week — neutral
– 1-month — buy
Identify the trend, watch key levels (support and resistance), consider volatility and upcoming economic events. Then, you'll be closer to an informed decision.
First, analyze the fundamentals:
– Macroeconomic data: Inflation, GDP, employment, and other key indicators in the economies behind both currencies
– Central bank policy: Interest rate decisions and monetary policy from the respective central banks
– Market sentiment: Check what other traders anticipate
– News flow: Geopolitical events and economic releases
Then check technical ratings:
– Today — buy
– 1-week — neutral
– 1-month — buy
Identify the trend, watch key levels (support and resistance), consider volatility and upcoming economic events. Then, you'll be closer to an informed decision.
ZARUSD volatility measures how much the exchange rate fluctuates over time, i.e. how quickly and how strongly it moves up or down.
The current volatility rating is 0.33%.
What it means for traders:
– Higher volatility: Larger and faster price swings → higher risk and opportunity
– Lower volatility: More stable price movement → smaller trading ranges
– Market behavior: Volatility often increases during major economic news or central bank decisions
Volatility helps traders estimate risk and position sizing. It's also useful for adapting strategies to market conditions.
How to use volatility:
– Compare volatility across other currency pairs
– Combine with technical analysis (trends, support/resistance)
– Monitor economic events that may increase market movement
The current volatility rating is 0.33%.
What it means for traders:
– Higher volatility: Larger and faster price swings → higher risk and opportunity
– Lower volatility: More stable price movement → smaller trading ranges
– Market behavior: Volatility often increases during major economic news or central bank decisions
Volatility helps traders estimate risk and position sizing. It's also useful for adapting strategies to market conditions.
How to use volatility:
– Compare volatility across other currency pairs
– Combine with technical analysis (trends, support/resistance)
– Monitor economic events that may increase market movement
ZARUSD is quoted as how many USD (quote currency) it takes to buy one ZAR (base currency).
For example, if the pair trades at 1.50, it means 1 ZAR = 1.50 USD.
What can influence the rate:
– Supply and demand: Driven by trade, investment flows, and speculation
– Economic data: Inflation, GDP, employment reports
– Central bank policy: Interest rates and monetary decisions
Follow these and more events in the Economic Calendar.
For example, if the pair trades at 1.50, it means 1 ZAR = 1.50 USD.
What can influence the rate:
– Supply and demand: Driven by trade, investment flows, and speculation
– Economic data: Inflation, GDP, employment reports
– Central bank policy: Interest rates and monetary decisions
Follow these and more events in the Economic Calendar.









