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Market Overview
The CAD/ZAR pair closed at 11.70542 on January 28, 2026, slightly down by 0.08% from the previous close, continuing its overall uptrend with a 30-day return of 0.10%. The pair remains supported by the 20-day moving average at 11.6848, with the 50-day and 200-day moving averages not specified but consistent with the positive trend. The RSI indicates moderate momentum, while nearest support and resistance levels stand near 11.65 and 11.74 respectively. Upcoming economic data from Canada and South Africa, along with commodity price movements, may influence price action. Technical indicators suggest consolidation near current levels within the ongoing upward trend. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.