Symbol | Exchange | Currency |
|---|
The USD/ZAR is rising 1% on Tuesday at 16.650, amid a strong US dollar versus emerging market currencies. Analysts at MUFG Bank see that the recovery
USD/ZAR has breached a major resistance at 16.3630/86, reasserting the uptrend from Q2 of 2021 and providing a platform for a move to 17.0709/2617 ini
The rand has fallen towards year-to-date lows against the US dollar. In the view of economists at MUFG Bank, ZAR is vulnerable to further weakness in
Emerging market currencies remain vulnerable to stronger USD and higher prospects of a recession
US Dollar shows no reprieve for the Rand, limited electricity threatens growth outlook.
The markets have been a bloodbath thus far in June, as sharp interest rate hikes by major central banks push investors to ramp up bets of a global economic recession. This coupled...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Strong Sell | Sell | Strong Buy |
| Technical Indicators | Sell | Sell | Strong Sell | Strong Sell | Strong Buy |
| Summary | Strong Sell | Strong Sell | Strong Sell | Strong Sell | Strong Buy |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Doji Star Bearish | 30 | Current | |||
| Completed Patterns | |||||
| Engulfing Bullish | 1D | 14 | Jul 26, 2022 | ||
| Engulfing Bullish | 30 | 14 | Aug 12, 2022 16:00 | ||
| Dragon Fly Doji | 1M | 18 | Feb 21 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Monday, 15 August 2022 | ||||||
| 13:30 | USD | 5.50 | 11.10 | |||
| 15:00 | USD | 55.00 | 55.00 | |||
| 16:30 | USD | 2.58% | ||||
| 16:30 | USD | 3.04% | ||||
| 21:00 | USD | 99.90B | ||||
| 21:00 | USD | 182.50B | ||||
| 21:00 | USD | 155.30B | ||||
| 21:00 | USD | 137.40B | ||||
Federal Reserve(FED) | ||
| Current Rate | 2.50% | |
| Chairman | Jerome H. Powell |
| Current Rate | 5.50% | |
| Chairman | Lesetja Kganyago |