Wednesday, November 11, 2026

Technicals

Add as a preferred source on Google

FxWirePro: USD/ZAR off from 14-year highs, uptrend intact

Rand opens slightly stronger this morning at 12.77 but further losses in store USD/ZAR backs off 14-year highs by 12.8300 reached yesterday, currently trades at 12.77 ZAR is poised for further losses as market awaits tom…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

  • Rand opens slightly stronger this morning at 12.77 but further losses in store

  • USD/ZAR backs off 14-year highs by 12.8300 reached yesterday, currently trades at 12.77

  • ZAR is poised for further losses as market awaits tomorrow's U.S. non-farm payrolls data

  • Technicals support further upside, Tenkan and kijun lines are positively aligned, highlighting the bullish bias

  • Break above 12.9000 (Psychological level) will propell the pair to fresh highs by 13.0, weakness only below 12.68 (Trendline support)

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team