Edging higher in choppy trade
Read More

Edging higher in choppy trade

 Level Comment  Level CommentR4 16.6000 break level S1 16.0000**congestionR3 16.5000 break level S2 15.8035*12 Feb (w) lowR2 16.4275*6 Feb (w) high S3 15.6370**29 Jan YTD lowR1 16.2000 minor congestion S4 15.1665*June 2022 low Asterisk denotes strength…
Chart USD/ZAR Update: Pushing higher
Read More

Chart USD/ZAR Update: Pushing higher

Cautious trade is giving way to a push higher  Level Comment  Level CommentR4 16.6000 break level S1 16.0000**congestionR3 16.5000 break level S2 15.8035*12 Feb (w) lowR2 16.4275 6 Feb (w) high S3 15.6370**29…
Chart USD/ZAR Update: Cautious trade
Read More

Chart USD/ZAR Update: Cautious trade

Still little change, as prices extend cautious trade beneath congestion resistance at 16.0000  Level Comment  Level CommentR4 16.7000 break level S1 15.8035 12 Feb lowR3 16.5000 break level S2 15.6370**29…
Chart USD/ZAR Update: Limited tests higher
Read More

Chart USD/ZAR Update: Limited tests higher

 Level Comment  Level CommentR4 16.7000 break level S1 15.8035 12 Feb lowR3 16.5000 break level S2 15.6370**29 Jan YTD lowR2 16.1060**11 Aug 2022 (m) low S3 15.1665*June 2022 lowR1 16.0000**congestion S4 15.0000**congestion Asterisk denotes strength of…
Chart AUD/USD Update: Under pressure
Read More

Chart AUD/USD Update: Under pressure

Anticipated losses have tested below 0.7065 to reach 0.7045~  LevelsImpComment  LevelsImpCommentR40.7280~**June 2022 high S10.7065*10-11 Feb lowsR30.7200**61.8% ret of 2021-2025 fall S20.7000*congestionR20.7147/55~**12…
Chart USD Index DXY Update: Lower from 98.00
Read More

Chart USD Index DXY Update: Lower from 98.00

Consolidation following the test of congestion resistance at 98.00 has given way to steady selling interest  Levels Imp Comment   Levels Imp Comment R4 99.00*congestion S1 97.00*congestionR3 98.50*congestion S2 96.00*congestionR2 98.00*congestion S3 95.55**27 Jan…