Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.049
Sell
RSI(14)
42.735
Neutral
STOCH(KDJ)(9,3,3)
38.623
Buy
ATR(14)
0.139
Low Volatility
CCI(14)
-39.483
Neutral
Williams %R
77.266
Sell
TRIX(12,20)
-0.075
Sell
StochRSI(14)
100.000
Overbought
Search
USD/ZAR
Add to Watchlist
16.211
+0.003+0.02%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D
Today
+0.03%
5 Days
+0.25%
1 Month
-1.77%
6 Months
+1.37%
Year to Date
-2.05%
1 Year
-7.74%
Key Data Points
Opening Price
16.218Previous Closing Price
16.207South African Rand: ZAR outperforms on carry and Gold – Societe Generale
Societe Generale strategists highlight that the South African Rand (ZAR) continues to outperform in CEEMEA, gaining about 2.4% versus the US Dollar (USD) in spot terms this month. USD/ZAR is close to breaking below 16.00 for the first time since February.
FxstreetFri, Aug 14
South African Rand: Rate hold seen hurting currency – Commerzbank
Commerzbank’s Volkmar Baur writes that despite South Africa’s reasonable recent performance under pressure from the Iran conflict, the central bank’s July decision to leave its key rate unchanged was surprising.
FxstreetTue, Aug 4
South African Rand: Recovery scenarios after SARB surprise – Commerzbank
Commerzbank's Volkmar Baur reviews the South African Rand (ZAR) after its earlier appreciation against the US Dollar (USD) stalled with the Iran conflict.
FxstreetMon, Aug 3
South African Rand: Weakness resumes after SARB surprise – Societe Generale
Societe Generale analysts report USD/ZAR has broken above a multi-month descending trend line and reclaimed its 200-day moving average, suggesting renewed upside momentum. The South African Reserve Bank surprised markets by holding rates at 7.0%.
FxstreetFri, Jul 24
South African Rand: SARB surprise weighs against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur says the South African Reserve Bank’s (SARB) decision to keep its policy rate unchanged at 7% came as a negative surprise, particularly after June inflation rose and Brent crude moved above USD 100 per barrel.
FxstreetFri, Jul 24
South African Rand: SARB resolve key for rand – Commerzbank
Commerzbank’s Volkmar Baur sees it as almost certain that South African Reserve Bank (SARB) will hike 25 bps to 7.25%, reversing a third of its 2024–25 easing after inflation re-accelerated on fuel and core components above target.
FxstreetThu, Jul 23
Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Sell
Moving Average
Indicators
Value
Direction
MA5
16.178
Buy
MA10
16.201
Buy
MA20
16.399
Sell
MA50
16.381
Sell
MA100
16.432
Sell
MA200
16.493
Sell
USD/ZAR Trading Strategy
Intraday
Short Term
Trading Strategy
The upside prevails as long as 16.1853 is support, with 16.3188 and 16.3549 as targets
Alternative scenario
below 16.1853, expect 16.1246 and 16.0884.
Comment
The upside prevails as long as 16.1853 is support, with 16.3188 and 16.3549 as targets
an hour ago
Source: Trading Central(Reference Only)
More Details of USD/ZAR
The USD/ZAR currency pair represents the exchange rate between the United States Dollar (USD) and the South African Rand (ZAR). This pair is crucial for traders and investors engaged in international trade and investment between the U.S. and South Africa. The value of the USD/ZAR can be influenced by various factors, including economic indicators, interest rates, political stability, and global market trends.
Are there any seasonal trends in the USD/ZAR pair?
Currency pairs can exhibit seasonal trends based on economic cycles, trade patterns, and agricultural exports in South Africa.
How is USD/ZAR affected by U.S. economic reports?
Positive economic data from the U.S. often strengthens the USD against the ZAR, while negative reports can weaken it.
Is USD/ZAR a popular pair for forex trading?
Yes, USD/ZAR is frequently traded in the forex market, especially by those looking to hedge or speculate on South African economic conditions.
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