Trading Made Easy

ZAR is Expected to Continue Recent Upward Correction vs. USD

March 9, 2010 1:11 pm by Natalie R.

The USD/ZAR pair has been in a downward trend throughout the past week, dropping from 7.8187 to as low as 7.3670. Yesterday, however, saw the beginning of an upward correction, a trend that is expected to continue.

Impending Bearishness for the USD/ZAR

July 3, 2009 10:28 am by Anton Eljwizat

• Below are the hourly chart and 4-hour chart for the USD/ZAR. • The indicators used are the Slow Stochastic, RSI, and MACD.