| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption

FxWirePro: USD/ CNY gains some upside momentum but still bearish

FxWirePro- Woodies Pivot(Major)

FxWirePro: GBP/NZD edges higher but bearish outlook persists

FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains

Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next

FxWirePro: AUD/USD consolidates gains ,remains on positive footing

FxWirePro: NZD/USD sustains gains as uptrend remains strong

FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level

FxWirePro: USD/CAD extends drop, faces 50%fib support

FxWirePro: EUR/AUD poised for further downside after key fibo break

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

FxWirePro: USD/CAD downside pressure builds, key support level in focus

GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight

FxWirePro: USD/JPY dips below lower range, bearish bias increases

FxWirePro- Major European Indices

FxWirePro- Major Crypto levels and bias summary

©Econometrics LLC . All Rights Reserved.

South Africa's rand weakens more than 1 pct against dollar, buy on dips

Wednesday, March 2, 2016 10:44 AM UTC

Pair is currently trading at 15.7113 levels.
It made intraday high at 15.7420 and low at 15.5381 levels.
Intraday bias remains bullish for the moment.
Key support level falls at 15.5221. A break below will take the parity towards 15.0573 marks.
Alternatively, current reversal will drag the pair towards initial resistance at 16.2114/16.3093 levels.

We prefer to take long position is USD/ZAR around 15.70, stop loss 15.53 and target 16.95 levels.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

FxWirePro-Key Crypto Updates

Ethereum’s Fusaka Upgrade: PeerDAS, Massive Scaling, and Cheaper Layer 2—A New Era Begins

Altcoin Whales Go on a Feeding Frenzy: $1.36B XRP Hoover, Fartcoin Mania & $500M Exchange Exodus – The Great December Accumulation Begins

FxWirePro- Major Crypto levels and bias summary

Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K

Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

FxWirePro: USD/ZAR outlook weaker on renewed downside pressure

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

South Africa's rand weakens more than 1 pct against dollar, buy on dips

Editor's Picks

Welcome to EconoTimes