Exotics (USD/TRY, USD/ZAR, USD/MXN, and others)

usdzar in tight range... I will buy or sell pending white lines broken as per post

I'm waiting on M5 EMA'S to cross on the sell side. What I saw in H1 with 4 tops and none of them breaking up. Or maybe I'm just blind and the trend is still up

usdzar

This was wrong. This is this week:
Nobody but Aussie said anything? Ha

IMO from eyeballing the correlation throughout the day, usdZAR wants to go up, but DXY won't let it. Even at times, ZAR held its own. Other markets are similar as if nothing expected the dollar to tank. Just speculating.

This went viral Yesterday across all major platforms, but it still is a smaller news outlet.
‘South Africa facing CATASTROPHE’ Warning of economic collapse after white farm land grabs

Experts are warning the country’s finances could be hit hard if the controversial land seizures go ahead.
Just weeks ago, South Africa’s National Assembly approved a proposed change to the constitution that will make the so-called reforms legal.
It paves the way for mainly white farmer-owned land to be taken without giving any kind of compensation.
But it has been warned that seizures will cause foreign investment in the country to dry-up as multinational companies fear basic property rights won’t be respected.
Ruben Naidoo, deputy governor of the South African Reserve Bank, warned that if amending the country’s constitution threatened property rights, there would be “an extremely large systematic effect on the banking sector”.
And Alexander C.R. Hammond, a senior fellow at African Liberty, warned in a piece for the National Interest that “weakened property rights will mean businesses and individuals are reluctant to invest in South Africa out of fear their capital and property won’t be protected.”
He added: “Disregarding the property rights of an ethnic minority due to the historical grievances committed by their racial group nearly always ends in catastrophe.
“If the South African people instead give the ANC another term in office and support that egregious land expropriation policy, the brutal consequences on their nation are certain to come hard and fast.”
Even South African politicians who broadly support the policy have spoken out about potentially disastrous consequences.
Leader of the Inkatha Freedom Party (IFP), Mangosuthu Buthelezi – a supporter of expropriations – said future investment in the country could be seriously harmed.
He said: "I'm deeply concerned by where the expropriation of land without compensation will lead us.
“I’m not against it, but if we do not handle it with great care it is certain to deter foreign investment.
”If I put myself in the feet of an investor in Europe or America, and I’m asked to go to a country where there’s expropriation without compensation… unless I need my head read, I would not go there.”

they sow what they reap oupppppppppps >>>>>>> all the years of these people leading south africa with the promise of life will be better under black rule>>>>> failure now they want to steal well good luck with that

14.2727 reach for sell

I entered t 14.3689

Entered @ 14.38 so far so good, not sure if it can reach to TPs

usdzar

usdzar

Ach
I wish I could have jumped in that short train. But I couldn't touch MT4 for the whole day

usdzar...a wedge

usdzar...made real potato wedges last night - delicious - cooked in the fat drippings of a bird in oven...

usdzar... green/red target buy/sell ... solid horizontal lines: price targets

USDZAR, short since Monday.

DXY Yesterday's llow was 96.55

bought uz 14.3543 targeting 14.5628

obviously rejecting IMF money