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USD/ZAR is trading at 18.73, after an intraday high of 18.84 and a low of 18.68. The pair is hovering around its short-term moving averages, with the 15-day moving average at 18.81 and the 20-day...
The US Dollar Index (DXY) is currently trading at 98.06, holding just below both the 15-day (red) and 20-day (green) moving averages, which are converging at 98.43. This tight clustering of the SMAs...
USD/ZAR is currently trading around 17.7482, showing signs of fading bullish momentum after a sharp spike toward 18.50 earlier in the week. Price action has since reversed, closing below both the...
We should see little action before a busier second half of the week in the US and eurozone. If anything, the dollar should see some support ahead of tomorrow’s inflation numbers. Inflation numbers in...
The USD/ZAR has rallied with eagerness after it fell to a significant demand area at 16.20. Now, the price has entered a short period of consolidation as traders anticipate this Friday’s speech...
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