CAD/JPY - 1H - Technical analysis published on 09/10/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bearish
Technical indicators
22%
39%
39%
My opinion
Neutral between 80.40 JPY and 80.85 JPY
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bearish trend on CAD/JPY. It is difficult to advise a trading direction under these conditions. The first support is located at 80.40 JPY. The first resistance is located at 80.85 JPY. You could 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.
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 Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CAD/JPY rating 80.62 JPY. On the day, this instrument lost -0.17% and was between 80.50 JPY and 80.89 JPY. This implies that the price is at +0.15% from its lowest and at -0.33% from its highest.80.50
80.89
80.62
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CAD/JPY:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CAD/JPY chart shows a slightly bearish trend. 57.14% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 79.81 | 80.40 | 80.58 | 80.62 | 80.85 | 80.98 | 81.28 |
| Change (%) | -1.00% | -0.27% | -0.05% | - | +0.29% | +0.45% | +0.82% |
| Change | -0.81 | -0.22 | -0.04 | - | +0.23 | +0.36 | +0.66 |
| Level | Intermediate | Minor | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.10 | 79.45 | 80.11 | 80.46 | 81.12 | 81.47 | 82.13 |
| Camarilla | 80.48 | 80.58 | 80.67 | 80.76 | 80.85 | 80.95 | 81.04 |
| Woodie | 79.25 | 79.53 | 80.26 | 80.54 | 81.27 | 81.55 | 82.28 |
| Fibonacci | 79.45 | 79.84 | 80.08 | 80.46 | 80.85 | 81.09 | 81.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.59 | 80.00 | 80.66 | 81.07 | 81.73 | 82.14 | 82.80 |
| Camarilla | 81.04 | 81.13 | 81.23 | 81.33 | 81.43 | 81.53 | 81.62 |
| Woodie | 79.73 | 80.06 | 80.80 | 81.13 | 81.87 | 82.20 | 82.94 |
| Fibonacci | 80.00 | 80.41 | 80.66 | 81.07 | 81.48 | 81.73 | 82.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.54 | 77.61 | 79.45 | 80.52 | 82.36 | 83.43 | 85.27 |
| Camarilla | 80.49 | 80.76 | 81.02 | 81.29 | 81.56 | 81.82 | 82.09 |
| Woodie | 76.93 | 77.80 | 79.84 | 80.71 | 82.75 | 83.62 | 85.66 |
| Fibonacci | 77.61 | 78.72 | 79.41 | 80.52 | 81.63 | 82.32 | 83.43 |
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): | 50.77 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 7.55 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 80.71 | |
| Parabolic SAR (0,02-0,02-0,2): | 80.52 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 80.45 | |
| Zig ZAG (10): | 80.65 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 41.88 | |
| TEMA (21): | 80.72 | |
| Williams %R (14): | -58.97 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | -0.1100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.10 |
| MA7: | 80.87 | |
| MA20: | 80.65 | |
| MA50: | 79.81 | |
| MA100: | 78.91 | |
| MAexp7: | 80.66 | |
| MAexp20: | 80.65 | |
| MAexp50: | 80.62 | |
| MAexp100: | 80.71 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | -0.04% | |
| Price / MA50: | +1.01% | |
| Price / MA100: | +2.17% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | -0.10% |
Quotes :
2020-09-10 16:27:56
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Real time data
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Forex
News
The latest news and videos published on CAD/JPY at the time of the analysis were as follows:
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Harmony Stalking an Opportunity on CAD/JPY
This member declared not having a position on this financial instrument or a related financial instrument.
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