This blog focus on currency trading of the main South African Rand crosses. Ian Koekemoer identifies market trends and consider trading strategies for the Rand against major crosses.
Tuesday, September 30, 2014
Monday, September 29, 2014
Rand set to weaken against pound soon!
Any rand strength provides trading opportunity to buy pound in short-term trading!
More rand weakness against dollar!
Although we witnessed some rand strength during the past 12 hours, the rand is about to weaken further with a test of 11.35 levels to happen soon!
Rand crosses to stabilize across the board in short-medium term trading!
I expect the rand to recover against all major crosses in short-medium term trading!
Expect dollar index to recover in next few trading sessions!
I expect the dollar index to recover in next few trading sessions which will stabilize rand/dollar price movements.
Friday, September 26, 2014
Euro to weaken against the rand soon!
The euro, currently at 14,27 against the rand, is set to weaken in short-medium term for a retest of 13.80 levels.
Wednesday, September 24, 2014
Euro provide great trading opportunities against rand!
A short-term weakness of euro against rand must be seen as opportunity to buy euro against rand.
Pound to strengthen further against rand!
The pound, currently at 18.21, is heading back for a retest of 18.50 in short-medium term trading!
More rand weakness in short-term trading!
Prepare for more rand weakness against dollar in short-medium term trading. The rand, currently at 11.139, is about to retest recent lows at 11.3890.
Tuesday, September 23, 2014
Pound to strengthen against Rand soon!
The pound is heading north against rand in short-medium term.
Pound to strengthen against Rand soon!
The pound is heading north against rand in short-medium term.
Euro to strengthen against Rand!
The euro is about to strengthen against the rand in short-medium term trading.
Monday, September 22, 2014
Not interested!
There is simply too many conflicting market movements today with no clear indication of direction!
Thursday, September 18, 2014
Rand to weaken against Yen!
The Yen may strengthen substantially against the Rand in short-medium term trading!
Euro to strengthen substantially against Rand
The Euro may strengthen substantially against Rand in short-medium term trading!
Wednesday, September 17, 2014
ϵRandTrader: Market analysis indicates Rand to be bearish again...
ϵRandTrader: Market analysis indicates Rand to be bearish again...: All technical analysis indicates that the rand will lose further ground against major crosses in short-term trading! Be blessed!
Market analysis indicates Rand to be bearish against major crosses!
All technical analysis indicates that the rand will lose further ground against major crosses in short-term trading!
Be blessed!
Be blessed!
Tuesday, September 16, 2014
Rand to strengthen against euro soon!
The rand, currently at 14.1393 against the euro, is about to strengthen quite a bit for a retest of 14.0000 levels in the next few trading sessions!
Be blessed!
Be blessed!
Rand set to strengthen against major crosses!
The rand is set to strengthen against major currency crosses in short-term trading. We may expect a return to strength of major crosses on coming Friday at the earliest.
Be blessed!
Be blessed!
Thursday, September 11, 2014
No relief just yet for rand against dollar!
All short term indications suggest more woes for the rand against the dollar!
Be blessed!
Be blessed!
Wednesday, September 10, 2014
Rand about to strengthen substantially against the Yen
The rand, currently at 9.75, is about to strengthen against the yen and retest resent levels of 9.875 soon.
Be blessed!
Be blessed!
Euro set to lose ground against Rand soon!
The euro is about to head south against the Rand in short-medium term!
Be blessed!
Be blessed!
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