Fx News

USD/ZAR has the all-time high at 19.3446 in its crosshairs – Credit Suisse

USD/ZAR has maintained its uptrend for the duration of the 0.33 quarter of 2022. Analysts at Credit Suisse see manageable to attain the all-time excessive at 19.3446.

Uptrend from April at 16.8571 to curb any correction lower
“We count on a strong ruin above 18.0709 to in the end take place, even though we assume there is clearly room for in addition ascent to comply with toward the all-time excessive at 19.3446.”

“We appear for the uptrend from April at 16.8571 to curb any deeper correction decrease to maintain the upside stress in place.”


Related posts
Fx News

USD/CHF Price Analysis: Slides below 200-HMA but 0.9045 appears a tough nut to crack for bears

USD/CHF is facing selling pressure and has reached an intraday low of 0.9060, snapping a two-day…
Read more
Fx News

Natural Gas Price Analysis: XNG/USD recovers to $2.35 on softer US Dollar as US inflation looms

Natural Gas Price (XNG/USD) continues its rebound and is trading near the intraday high around…
Read more
Fx News

BoJ’s Wakatabe: The central bank communication would be very interesting

Bank of Japan (BoJ) policymaker Masazumi Wakatabe expressed his views in a Bloomberg TV interview on…
Read more
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *