{"id":1068,"date":"2011-09-29T00:38:08","date_gmt":"2011-09-29T04:38:08","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=1068"},"modified":"2011-09-29T00:38:08","modified_gmt":"2011-09-29T04:38:08","slug":"south-african-rand-weakness-continues","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/","title":{"rendered":"South African Rand: weakness continues"},"content":{"rendered":"<p>The greenback found support at its secondary rising trendline, with a long tail at R7.70\/dollar indicating buying pressure. Respect of the secondary trendline would indicate an advance to $9.00*, while failure would test the primary trendline at R7.35.<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2011\/2011-09-28-zar.png?w=525&#038;ssl=1\" alt=\"USDZAR\" \/><\/p>\n<p style=\"text-align:right;\"><span style=\"color:#999999;\">* Target calculation: 8.40 + ( 8.40 &#8211; 7.80 ) = 9.00<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The greenback found support at its secondary rising trendline, with a long tail at R7.70\/dollar indicating buying pressure. Respect of the secondary trendline would indicate an advance to $9.00*, while failure would test the primary trendline at R7.35. * Target calculation: 8.40 + ( 8.40 &#8211; 7.80 ) = 9.00<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[38],"tags":[1618,3488,3572,3737],"class_list":["post-1068","post","type-post","status-publish","format-standard","hentry","category-africa-south-america","tag-greenback","tag-trendline","tag-usd","tag-zar"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>South African Rand: weakness continues - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South African Rand: weakness continues - the patient investor\" \/>\n<meta property=\"og:description\" content=\"The greenback found support at its secondary rising trendline, with a long tail at R7.70\/dollar indicating buying pressure. Respect of the secondary trendline would indicate an advance to $9.00*, while failure would test the primary trendline at R7.35. * Target calculation: 8.40 + ( 8.40 &#8211; 7.80 ) = 9.00\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-29T04:38:08+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/static.incrediblecharts.com\/images\/2011\/2011-09-28-zar.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"South African Rand: weakness continues\",\"datePublished\":\"2011-09-29T04:38:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/\"},\"wordCount\":46,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-28-zar.png\",\"keywords\":[\"greenback\",\"trendline\",\"USD\",\"ZAR\"],\"articleSection\":[\"Africa &amp; South America\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/\",\"name\":\"South African Rand: weakness continues - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-28-zar.png\",\"datePublished\":\"2011-09-29T04:38:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#primaryimage\",\"url\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-28-zar.png\",\"contentUrl\":\"https:\/\/www.incrediblecharts.com\/images\/2011\/2011-09-28-zar.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/29\/south-african-rand-weakness-continues\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"South African Rand: weakness continues\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Breach of medium-term support at $0.56 would indicate respect of the descending trendline and another test of primary support at $0.52. In the long-term, failure of primary\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1306,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/13\/euro-rallies-on-hope-of-bank-rescue\/","url_meta":{"origin":1068,"position":1},"title":"Euro rallies on hope of bank rescue","author":"ColinTwiggs","date":"October 13, 2011","format":false,"excerpt":"The euro is headed for a test of $1.40 against the greenback, on the hope that European banks will be re-capitalized after taking a haircut on the PIIGS bonds. There still appears to be some confusion -- I suspect deliberate -- as to who will pay, with German Finance Minister\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4684,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/21\/forex-europe-australia-canada-south-africa-and-japan\/","url_meta":{"origin":1068,"position":2},"title":"Forex: Europe, Australia, Canada, South Africa and Japan","author":"Colin Twiggs","date":"June 21, 2012","format":false,"excerpt":"The Euro is testing its new resistance level at $1.26. Respect would offer a target of $1.17*. Bullish divergence on 63-day Twiggs Momentum, however, warns that the down-trend is weakening; recovery above zero would suggest reversal to a primary up-trend. Breach of the descending trendline would strengthen the signal. *\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1603,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/27\/forex-euro-and-the-aussie-dollar-strengthen\/","url_meta":{"origin":1068,"position":3},"title":"Forex: Euro and the Aussie dollar strengthen","author":"ColinTwiggs","date":"October 27, 2011","format":false,"excerpt":"The euro is testing resistance at the former support level of $1.40, in the hope that the bailout out-lined today will rescue the euro-zone from its debt crisis. We will probably read fairly disparate views over the next few weeks before the varying viewpoints synthesize into a clear market direction.\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4964,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/27\/forex-euro-pound-sterling-yen-aussie-loonie-rand\/","url_meta":{"origin":1068,"position":4},"title":"Forex: Euro, Pound Sterling, Yen, Aussie, Loonie, Rand","author":"Colin Twiggs","date":"July 27, 2012","format":false,"excerpt":"The euro is testing resistance at $1.23\/$1.24 against the greenback. Breakout above resistance and the descending trendline would warn that the primary down-trend is weakening and a bottom is forming . Negative values on 63 -day Twiggs Momentum continue to indicate a primary down-trend and respect of resistance would favor\u2026","rel":"","context":"In &quot;Africa &amp; South America&quot;","block_context":{"text":"Africa &amp; South America","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/africa-south-america\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8732,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/11\/13\/aussie-dollar-tests-support-2\/","url_meta":{"origin":1068,"position":5},"title":"Aussie Dollar tests support","author":"ColinTwiggs","date":"November 13, 2013","format":false,"excerpt":"The Euro is testing support at $1.3350 against the greenback after a false break above the February high of $1.37. Penetration of the secondary trendline warns of a correction. Rising 13-week Twiggs Momentum, however, continues to indicate a primary up-trend. Breach of $1.3350 would test primary support and the long-term\u2026","rel":"","context":"In &quot;Forex&quot;","block_context":{"text":"Forex","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=1068"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/1068\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=1068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=1068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=1068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}