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USD/ZAR - US Dollar South African Rand

Real-time Currencies
Currency in
ZAR
Disclaimer
19.1541
+0.0105(+0.05%)
Real-time Data

USD/ZAR Discussions

monday morning manipulation ...
shoudl hamonday manipualtion ...
With the USA passing more debt to pay for their existing debts the dollar should be strengthening again....lmfao...you cant make this up if you try.
hello
Trade balance and it still doesn't
That was one huge 4h candle
I closed my Sell too early... just looking at this FALL and I am like... Woooow. Anyone thinks we try to catch some retracing buys?
Are we supposed to believe that with a pending gov shutdown due the dollar (a debt based economy) is worth 18.94....hahaha.
exactly makes no sense right ? shouild be 18 by now ...
In South Africa they run out of electricity it is a big issue but USA runs out of money and their money strengthens...it is more than a joke.
If Powell raises interest rates more maybe the debt based economy will keep showing improvement.. 🤣.
Careful, retracement got caught. Not sure why this isn't going down, keep an eye on your fibs
Gold doesnt budge but the fake exchange rate moves.
USA economy is make believe
only down from here ....
total fraud say what you want there is 0000 reason to be this high
To be honest I don't know why you call this fraud, go look at the DXY and look at other USD pairs they all look the same. Trend is your friend stop trying to go against it.
I disagree the BS fake data based economy can be noticed by a 3 year old.
In fact the trend given the data release is moving in the wrong direction...I must take it back a 2 year old can see this.
Strong buying pressure. Next resistance 19.30, support around 18.80
Not a bad read https://dailyinvestor.com/investing/32326/time-to-buy-south-african-government-bonds/
where are you from
are u a SA
I guess 19.24 will be the HOD
so what drove this back up ???? can we just get 18 again please ...
thanks for this info
Fibs looks like it might fly higher, interesting how the world is letting the dollar dominate. Curious for how long. Keep an eye on usdjpy boj intervention soon
YOU WILL NEVER SEE 18.00 AND BELOW AGAIN
This will flip flop between 18.60 and 18.99 until 1 Nov. 1 Nov SA has the budget speeches and theres no winning after that which ever way the government goes. Great scalping while waiting, but careful of big shorts.
Still waiting for a waterfall
Waterfall highly unlikely until SA has positive fundamentals, which might only be post elections next year. Potentially fundamentals will be worse by then pushing this pair into 23-24. Transnet SOE in shambles, no progress on electricity, cadre deployment, budget deficit of 300bil, immenent threats of large scale protests and looting, recently also water provision and quality, decline of the tourist industry due to crime, theres a couple of fundamentals to choose from why waterfalls might happen but probs wont. That said, this pairing is overbought like a champ so I play technicals not fundamentals for now.
I like to read your assessment, but I didn't understand if it go up or down. For the short time of two month
lol joke
Overdue for a waterfall to 18.30
Getting interesting.
1857.
de dollarization lol but look here
There is very bad weather expected this weekend that is reminiscent of the KZN floods hitting SA this weekend.
According to HSBC’s forecasts, the rand could hit R25.50/$ in 2024 as structural factors – the worsening fiscal deficit and widening current account deficit – swap roles with cyclical factors, such as inflation and load shedding, to become the major drivers of the currency in the coming months.
the article does also say 15 ....
As fair value also that 15...
Do you see this going down because of the Interest rate?
The rand will strengthen when US interest rate starts to fall.
Wasted day waiting for some movement on this pair today...
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