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Russell Shor
Potential short-term support for USDZAR By Russell Shor - 11 hours ago

The pullback in the USDZAR has been stronger than anticipated. As such, short-term key support may potentially be at the confluence of factors including the S2 pivot level, price resistance (green...

Russell Shor
USDZAR Mark-Up Phase Continues By Russell Shor - May 15, 2018

The USDZAR has found support at the black 34-day EMA. The RSI(9) has moved back above 50, indicating that the underlying momentum has turned bullish (blue rectangle). As long as the RSI stays above...

Russell Shor
GBPUSD Waits For Key Data Tomorrow By Russell Shor - May 09, 2018

GBP/USD’s EMAs are in bearish formation. Its green 5-day EMA is below its orange 13-day EMA, and its orange 13-day EMA is below its black 34-day EMA. The RSI(9) is under 20 and is oversold...

Russell Shor
USDZAR Approaches Key Level By Russell Shor - May 02, 2018

The USDZAR came into 2018 in a mark-down phase (red shaded area). The pair then moved into a sideways accumulation pattern (blue rectangle). Recently, it has moved into a mark-up phase (green shaded...

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