CAD/ZAR - 1H - Technical analysis published on 05/22/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 12.8679 ZAR
My targets
13.0301 ZAR (+0.0617)
13.1173 ZAR (+0.1489)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CAD/ZAR as long as the price remains well above 12.8679 ZAR. The buyers' bullish objective is set at 13.0301 ZAR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 13.1173 ZAR. If there is any crossing, the next objective would be the resistance located at 13.1942 ZAR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.3
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/ZAR rating is 12.9684 ZAR. On the day, this instrument gained +0.00% with the lowest point at 12.9652 ZAR and the highest point at 12.9825 ZAR. The deviation from the price is +0.02% for the low point and -0.11% for the high point.12.9652
12.9825
12.9684
Here is a more detailed summary of the historical variations registered by CAD/ZAR:
Technical
Technical analysis of this 1H chart of CAD/ZAR indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 9 are bullish, 5 are neutral and 4 are bearish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12.6093 | 12.8254 | 12.8679 | 12.9684 | 12.9797 | 13.0301 | 13.1173 |
Change (%) | -2.77% | -1.10% | -0.77% | - | +0.09% | +0.48% | +1.15% |
Change | -0.3591 | -0.1430 | -0.1005 | - | +0.0113 | +0.0617 | +0.1489 |
Level | Intermediate | Minor | Intermediate | - | Intermediate | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.7764 | 12.8219 | 12.8954 | 12.9409 | 13.0144 | 13.0599 | 13.1334 |
Camarilla | 12.9361 | 12.9470 | 12.9579 | 12.9688 | 12.9797 | 12.9906 | 13.0015 |
Woodie | 12.7903 | 12.8289 | 12.9093 | 12.9479 | 13.0283 | 13.0669 | 13.1473 |
Fibonacci | 12.8219 | 12.8674 | 12.8955 | 12.9409 | 12.9864 | 13.0145 | 13.0599 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 12.4565 | 12.6661 | 12.7749 | 12.9845 | 13.0933 | 13.3029 | 13.4117 |
Camarilla | 12.7960 | 12.8252 | 12.8544 | 12.8836 | 12.9128 | 12.9420 | 12.9712 |
Woodie | 12.4060 | 12.6409 | 12.7244 | 12.9593 | 13.0428 | 13.2777 | 13.3612 |
Fibonacci | 12.6661 | 12.7878 | 12.8629 | 12.9845 | 13.1062 | 13.1813 | 13.3029 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11.4614 | 12.0842 | 12.7817 | 13.4045 | 14.1020 | 14.7248 | 15.4223 |
Camarilla | 13.1161 | 13.2372 | 13.3582 | 13.4792 | 13.6002 | 13.7213 | 13.8423 |
Woodie | 11.4988 | 12.1029 | 12.8191 | 13.4232 | 14.1394 | 14.7435 | 15.4597 |
Fibonacci | 12.0842 | 12.5886 | 12.9002 | 13.4045 | 13.9089 | 14.2205 | 14.7248 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 58.75 | |
MACD (12,26,9): | 0.0174 | |
Directional Movement: | 15.6172 | |
AROON (14): | 21.4286 | |
DEMA (21): | 12.9743 | |
Parabolic SAR (0,02-0,02-0,2): | 12.9433 | |
Elder Ray (13): | 0.0088 | |
Super Trend (3,10): | 12.9180 | |
Zig ZAG (10): | 12.9692 | |
VORTEX (21): | 1.1318 | |
Stochastique (14,3,5): | 83.14 | |
TEMA (21): | 12.9862 | |
Williams %R (14): | -24.62 | |
Chande Momentum Oscillator (20): | -0.0022 | |
Repulse (5,40,3): | -0.0342 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0192 | |
Courbe Coppock: | 0.77 |
MA7: | 12.9436 | |
MA20: | 13.1527 | |
MA50: | 13.1979 | |
MA100: | 13.0614 | |
MAexp7: | 12.9699 | |
MAexp20: | 12.9523 | |
MAexp50: | 12.9362 | |
MAexp100: | 12.9466 | |
Price / MA7: | +0.19% | |
Price / MA20: | -1.40% | |
Price / MA50: | -1.74% | |
Price / MA100: | -0.71% | |
Price / MAexp7: | -0.01% | |
Price / MAexp20: | +0.12% | |
Price / MAexp50: | +0.25% | |
Price / MAexp100: | +0.17% |
Quotes :
-
Real time data
-
Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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