CHF/JPY - 1H - Technical analysis published on 02/09/2024 (GMT)
- 97
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 170.43 JPY and 171.00 JPY
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on CHF/JPY. It is difficult to advise a trading direction under these conditions. The first resistance is located at 171.00 JPY. The first support is located at 170.43 JPY. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/JPY rating is 170.63 JPY. On the day, this instrument lost -0.16% and was between 170.59 JPY and 171.02 JPY. This implies that the price is at +0.02% from its lowest and at -0.23% from its highest.170.59
171.02
170.63
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHF/JPY chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 169.26 | 169.66 | 170.43 | 170.63 | 171.00 | 171.43 |
| Change (%) | -0.80% | -0.57% | -0.12% | - | +0.22% | +0.47% |
| Change | -1.37 | -0.97 | -0.20 | - | +0.37 | +0.80 |
| Level | Minor | Minor | Major | - | Minor | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 168.23 | 168.81 | 169.85 | 170.43 | 171.47 | 172.05 | 173.09 |
| Camarilla | 170.46 | 170.60 | 170.75 | 170.90 | 171.05 | 171.20 | 171.35 |
| Woodie | 168.47 | 168.93 | 170.09 | 170.55 | 171.71 | 172.17 | 173.33 |
| Fibonacci | 168.81 | 169.43 | 169.81 | 170.43 | 171.05 | 171.43 | 172.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 167.73 | 168.70 | 169.90 | 170.87 | 172.07 | 173.04 | 174.24 |
| Camarilla | 170.51 | 170.71 | 170.91 | 171.11 | 171.31 | 171.51 | 171.71 |
| Woodie | 167.86 | 168.76 | 170.03 | 170.93 | 172.20 | 173.10 | 174.37 |
| Fibonacci | 168.70 | 169.53 | 170.04 | 170.87 | 171.70 | 172.21 | 173.04 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 162.53 | 164.67 | 167.56 | 169.70 | 172.59 | 174.73 | 177.62 |
| Camarilla | 169.08 | 169.54 | 170.00 | 170.46 | 170.92 | 171.38 | 171.84 |
| Woodie | 162.92 | 164.86 | 167.95 | 169.89 | 172.98 | 174.92 | 178.01 |
| Fibonacci | 164.67 | 166.59 | 167.78 | 169.70 | 171.62 | 172.81 | 174.73 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 50.57 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 8.73 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 170.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 170.64 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 170.43 | |
| Zig ZAG (10): | 170.65 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 21.05 | |
| TEMA (21): | 170.88 | |
| Williams %R (14): | -94.74 | |
| Chande Momentum Oscillator (20): | -0.24 | |
| Repulse (5,40,3): | -0.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.04 |
| MA7: | 170.51 | |
| MA20: | 170.69 | |
| MA50: | 168.76 | |
| MA100: | 167.51 | |
| MAexp7: | 170.77 | |
| MAexp20: | 170.75 | |
| MAexp50: | 170.53 | |
| MAexp100: | 170.48 | |
| Price / MA7: | +0.07% | |
| Price / MA20: | -0.04% | |
| Price / MA50: | +1.11% | |
| Price / MA100: | +1.86% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | +0.06% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on CHF/JPY. At the time of publication of this analysis, the latest news was as follows:
-
CHF/JPY Forecast October 5, 2022
-
CHFJPY Potential Swing to the Long Side
-
CHF JPY: Set for another move lower?
This member declared not having a position on this financial instrument or a related financial instrument.
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