The most active trading sessions for the ZAR/USD currency pair.
Most Recent
The US dollar bounced around during the trading session on Friday as it looks like we don’t really have any momentum to say the least.
The USD/ZAR is near the 18.41890 ratio as of this writing, but as the day begun the currency pair did touch a depth around the 18.35455 mark.
The US dollar initially tried to rally a bit during the early hours on Thursday, but then pulled back to reach the 18.50 level.
The move lower in the USD/ZAR which started with a solid dose of price velocity on the 25th of April has continued into early trading this morning.
The USD/ZAR has moved to new lows this morning as incremental selling of the currency pair continues, but speculative suspicions need to be given attention.
The US dollar rallied a bit during the trading session on Wednesday, as we continue to threaten a major resistance barrier in the form of 19.25 ZAR.
From Tuesday onwards and throughout last week the USD/ZAR hovered mostly above the 19.00000 level.
The USD initially pulled back against the ZAR during the trading session on Wednesday but has found support below the 19 Rand level in order to get involved.