Tafara Tsoka's Comment & Analysis
A complete archive of Tafara Tsoka's articles, including current analysis & comment.
The USD/ZAR pair closed at 17.15, with an intraday high of 17.18 and a low of 17.13. The rand continues to strengthen gradually against the US dollar as the pair trades near multi-month lows. Sellers...
The GBP/USD pair closed at 1.3398, with an intraday high of 1.3422 and a low of 1.3390. It remains under mild pressure after failing to sustain above the 1.3600 handle, as the US dollar regains...
The USD/JPY pair closed at 150.33, with an intraday high of 150.62 and a low of 150.34. It has extended its rebound, piercing through short-term resistance levels as buyers regain control. The move...
The DXY closed at 97.72, with an intraday high of 97.95 and a low of 97.60. The index remains locked in a prolonged consolidation phase following months of downward pressure, with limited evidence of...
The EUR/USD pair closed at 1.1799, with an intraday high of 1.1811 and a low of 1.1747. It extended its bullish recovery but now shows signs of stalling near short-term resistance after reaching...
The GBP/USD pair closed at 1.3445, with an intraday high of 1.3447 and a low of 1.3435. After a strong uptrend earlier this year, price action has recently turned more consolidative, with a mild...
USD/JPY closed at 148.52, with an intraday high of 148.84 and a low of 148.51. The pair has been consolidating after a modest rebound from earlier lows, but momentum is showing signs of fatigue.
Key...
AUD/CHF is currently trading near 0.5222, sitting just above a horizontal support zone around 0.5200–0.5180 that has been repeatedly tested since July. Price action has been consolidating in a tight...
After a sharp decline from its 110 peak, the DXY has stabilized near the 97–98 zone, with recent price action suggesting a potential base, though the overall trend remains weak.
Key Technical...
The EUR/USD pair closed at 1.1679, with an intraday high of 1.1682 and a low of 1.1658. After a strong rally earlier in the year, EUR/USD is now consolidating below key resistance, showing signs of...