Showing posts with label This blog analyzes and provide trading strategies for the South African Rand against all major currency crosses.. Show all posts
Showing posts with label This blog analyzes and provide trading strategies for the South African Rand against all major currency crosses.. Show all posts

Tuesday, October 7, 2014

Rand to weaken against dollar in short-term trading!

The rand is about to weaken against the dollar during the European session!

Yen to strengthen against rand in medium-term!

The rand may strengthen in short-term trading but yen is expected to strengthen against the rand in medium-term trading!

Pound to weaken further against rand!

The pound looks set to weaken further in next few trading sessions!

More euro weakness expected against rand in short-term trading!

Expect more euro weakness in short-term trading before relief rally may be expected!

Rand to weaken against dollar in short-term trading!

Long-term trend is still dollar bullish. Medium term trading looks like consolidation will guide pricemovements while short-term trading will see a burst of dollar strength in next few trading sessions!