Auf geht's
Quadricolor

Long term study of the trends in the AUDZAR pair

Short
AUSTRALIAN DOLLAR / SOUTH AFRICAN RAND (FX_IDC:AUDZAR)  
Quadricolor Aktualisiert   
FX_IDC:AUDZAR   AUSTRALIAN DOLLAR / SOUTH AFRICAN RAND
southafrica RAND AUDZAR ZAR aud long-term Channels trend trendcontinuation
1
0
southafrica rand audzar zar aud long-term channelstudies trend trendcontinuation
The weekly graph reflects the perspective of the longer term trends. This is the long term view related to my daily study of the AUDZAR.
Kommentar:
he South African economy is now in a recession according to Reuters. News link here: www.reuters.com/arti...ca-gdp-idUSKBN18X223 . The pair are also respecting price at around 9.48. Still, the pair are within channel boundaries. Continue to watch closely.
Kommentar:
The Rand has clearly broken through the channel and resistances. The AUD has benefited from the weak USD and the Rand has not been able to capitalise on the dollar weakness. Going long on the AUD and short on ZAR is recommended now.

Ähnliche Ideen

Quadricolor
Study of the movement of the South African Rand long term trend
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.