JPY/ZAR
JPY ZAR
- ZAR (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: JPYZAR
ISIN:

JPY/ZAR - 1H - Technical analysis published on 02/13/2025 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 0.12043 ZAR
My targets
0.12133 ZAR (+0.00016)
0.12250 ZAR (+0.00133)
My analysis
JPY/ZAR is currently trying to strengthen its basic trend with a very bullish short term. As long as the price remains above 0.12043 ZAR, traders may consider taking advantage of this bullish acceleration and setting themselves to trade only long positions (at the time of purchase). Buyers will encounter the resistance at 0.12133 ZAR. A bullish break in this resistance would confirm a continuation of the bullish acceleration. The next resistance located at 0.12250 ZAR would then be the next bullish objective for buyers. Crossing it would then enable buyers to target 0.12348 ZAR. Beware of a possible return to under the support located at 0.12043 ZAR which would be the sign of a correction of the bullish excesses registered in the short term.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.7

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:
15 min. Daily Weekly

Additional analysis

Quotes

The JPY/ZAR price is 0.12117 ZAR. The price has increased by +0.88% since the last closing and was traded between 0.11952 ZAR and 0.12131 ZAR over the period. The price is currently at +1.38% from its lowest and -0.12% from its highest.

0.11952
0.12131
0.12117

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by JPY/ZAR:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this JPY/ZAR chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend could accelerate as strong bullish signals from short-term moving averages are expected. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.11793 0.11954 0.12043 0.12117 0.12133 0.12250 0.12348
Change (%) -2.67% -1.35% -0.61% - +0.13% +1.10% +1.91%
Change -0.00324 -0.00163 -0.00074 - +0.00016 +0.00133 +0.00231
Level Intermediate Intermediate Intermediate - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.117680.118610.119360.120290.121040.121970.12272
Camarilla0.119650.119800.119960.120110.120260.120420.12057
Woodie0.117590.118570.119270.120250.120950.121930.12263
Fibonacci0.118610.119250.119650.120290.120930.121330.12197


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.118170.119310.120460.121600.122750.123890.12504
Camarilla0.120990.121200.121410.121620.121830.122040.12225
Woodie0.118190.119310.120480.121600.122770.123890.12506
Fibonacci0.119310.120180.120720.121600.122470.123010.12389


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.112590.114930.117630.119970.122670.125010.12771
Camarilla0.118930.119400.119860.120320.120780.121240.12171
Woodie0.112760.115020.117800.120060.122840.125100.12788
Fibonacci0.114930.116860.118050.119970.121900.123090.12501

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 67.39
MACD (12,26,9): 0.0002
Directional Movement: 13.81512
AROON (14): 92.85714
DEMA (21): 0.12062
Parabolic SAR (0,02-0,02-0,2): 0.12028
Elder Ray (13): 0.00058
Super Trend (3,10): 0.12008
Zig ZAG (10): 0.12114
VORTEX (21): 1.1638
Stochastique (14,3,5): 86.72
TEMA (21): 0.12096
Williams %R (14): -5.75
Chande Momentum Oscillator (20): 0.00139
Repulse (5,40,3): 0.3885
ROCnROLL: 1
TRIX (15,9): 0.0050
Courbe Coppock: 1.45
MA7: 0.12131
MA20: 0.12028
MA50: 0.11936
MA100: 0.11841
MAexp7: 0.12083
MAexp20: 0.12044
MAexp50: 0.12048
MAexp100: 0.12076
Price / MA7: -0.12%
Price / MA20: +0.74%
Price / MA50: +1.52%
Price / MA100: +2.33%
Price / MAexp7: +0.28%
Price / MAexp20: +0.61%
Price / MAexp50: +0.57%
Price / MAexp100: +0.34%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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