SOUTH AFRICAN RAND after RSA National Election 2019…

 ZAR  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

6.08.2015 –  MXN , ZAR & RUB – THIS IS HOW SMART MONEY DO IT…

12.12.2015 – ZAR…MXN & RUB ON CURRENCY FIRE – FED DEJA VU…

21.05.2016 – DXY vs EM CURRENCY – JUNE ( JULY ) MARKET FIGHTING ROUND…

7.08.2016 – EMERGING MARKETS STRIKE BACK…

&

18.08.2018 –  SOUTH AFRICAN RAND – TURKISH & EM F/X RISK STRIKE…

with

ATA Following …

DXY Index & EUR/USD

31.03.2019 –  DXY – F/X MARATHON ELITE…

26.05.2019 –  EUR/USD – European Political New Arrangement Risk…

US YIELD 

29.05.2019 –  US 10Y BOND YIELD – Awakening & Run to Safe Haven…

 

 

Present  RISK OFF  ZAR  Wave 

activated by

South African National Election 2019 

with

all time Global Strength USD 

creating

New Monthly  Green Candlestick against South African Currency…

 

the Economist - South Africa

 

First…ATA  from  18.08.2018

” Half  of  August 2018 

ZAR  Big Picture shows…

South African Rand  RISK OFF Wave Continuation 

USD/ZAR

Present Active Resistance Zones – 15.05  with Last  High  15.48  

vs

Support Zones   –   14.58  – 14.47  “

 

Second…Present  USD/ZAR  Situation 

 

First…Main Motives

Global & US – EU Slowdown  & Recession Risk

FED  vs ECB & BOJ Monetary Policy

&

TRUMP Trade War

Tariffs Trump Key Tweet 

New US Tariffs

New China Tariffs 

&

IRAN – AMERICAN STRIKE RISK

NORTH KOREA RISK Back 

with

Special RSA  Motive

South African National Election 2019 

 

 

Second…Market Technical  Patterns 

New USD  Wave  Up    (  Monthly & Weekly  Chart  )

Testing  Psychological Key Level 15.00 Zone

Last High  14.90   – 29.05.2019   ( Daily Chart )

&

Active Invert H&S  – Neckline 14.50  ( Daily Chart )

with

FIB RET ( Monthly  Weekly & Daily Charts ) 

&

Monthly  & Weekly MACD Bus Signals

vs

Candlesticks with Long Upper  Shadows

15.50 Key Level Zone 

August – September 2018 ( Monthly Chart )

 

USD/ZAR  Present Active Range

14.50  –  15.00

 

ATA   USD/ZAR  Present Investment Conclusion

Focus carefully Result of  Testing 

Psychological Key Level 15.00 Zone

vs

Daily  Invert H&S Pattern – Neckline  14.50

 

 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

First…EOD-s 

Second…EOW-s

Final…EOM – Now  May

 

USD/ZAR  Monthly , Weekly & Daily Charts

17.08.2018

USD-ZAR-M

USD-ZAR-W

USD-ZAR-D

31.05.2019

USD-ZAR - M

 

USD-ZAR - W

USD-ZAR - D

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