Tag Archives: USD/ZAR
USD/ZAR Technical Analysis
(9,8120) The DOLL/ZAR broke below the support of the symmetrical triangle that could be a top formation suggesting further weakness toward 9,50 if not even 9,35!!!
South Africa Morning Sheet
ZAR back at the low end of its short-term trading range following some dovish Fed developments. Bonds traded weaker yesterday.
EUR/USD likely to expand losses. Next key ref is located at 1.2661
EUR/USD: A short-term 1.2796 key ref was yesterday taken out and this opens for extension below 1.2740 and into the next key medium-term ref, located at 1.2661.
Modest dollar correction likely before higher again
EUR/USD: A 1.2875-1.2985 pause correction shouldn’t come as a surprise before attacking the short-term key ref at 1.2796.
Catering to the US and China consumer
Global factors – the direction of the UST and trend dollar strength – should continue to drive the level of EM asset prices in the coming weeks.
The Emerging Markets Weekly: A bumpy transition
As we opined in our Emerging Markets Quarterly, 18 June 2013, EM has entered a transition period to an environment of less ample global liquidity,
USD/ZAR Technical Analysis
(10,05) The DOLL/ZAR failed last night to confirm the break below Monday’s negative outside day’s support at 10,0250 forming instead a positive day reversal.
USD/ZAR Technical Analysis
(9,9250) The DOLL/ZAR formed a negative week reversal but only a weekly closing next Friday below 9,8230 will confirm a top.
A peaking €? NOKSEK liked lower. Bond bullish signs
EUR/USD: The top building process continued also Friday with a lower high printed. However as we still 1) remain on top of the flag ceiling and
High AUD/USD reaction risk. EUR/NOK & EUR/SEK higher
EUR/USD: There is both attraction and resistance in the 1.3300-1.3350 area and it seems by price action of late that it will be tested.
USD/ZAR Technical Analysis
(9,9540) The DOLL/ZAR confirmed a negative closing last night after a retest of the 10,09 area forming even a negative day reversal.
USD/ZAR Technical Analysis
(9,7600) The DOLL/ZAR is confirming a nice correction that favoured even a return already below the 200 hours line, now resistance at 9,7845.