CAD/JPY
CAD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: CADJPY
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CAD/JPY - 1H - Technical analysis published on 01/13/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bearish
Technical indicators
33%
22%
44%
My opinion
Bearish under 81.62 JPY
My targets
81.19 JPY (-0.34)
80.93 JPY (-0.60)
My analysis
CAD/JPY is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 81.62 JPY, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 81.19 JPY. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 80.93 JPY would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 80.56 JPY. Beware of a possible return to above the resistance located at 81.62 JPY which would be a sign of a correction of the short-term bearish excesses registered.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/JPY rating is 81.53 JPY. On the day, this instrument lost -0.14% and was between 81.45 JPY and 81.64 JPY. This implies that the price is at +0.10% from its lowest and at -0.13% from its highest.

81.45
81.64
81.53

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in 1H of this CAD/JPY chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 8 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 80.93 81.19 81.49 81.53 81.62 81.82 81.99
Change (%) -0.74% -0.42% -0.05% - +0.11% +0.36% +0.56%
Change -0.60 -0.34 -0.04 - +0.09 +0.29 +0.46
Level Minor Major Major - Minor Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard81.1281.2981.4781.6481.8281.9982.17
Camarilla81.5481.5881.6181.6481.6781.7081.74
Woodie81.1281.2981.4781.6481.8281.9982.17
Fibonacci81.2981.4381.5181.6481.7881.8681.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard79.5680.0680.9981.4982.4282.9283.85
Camarilla81.5381.6681.7981.9282.0582.1882.31
Woodie79.7880.1781.2181.6082.6483.0384.07
Fibonacci80.0680.6180.9481.4982.0482.3782.92


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard78.0379.0880.0181.0681.9983.0483.97
Camarilla80.3980.5780.7580.9381.1181.2981.47
Woodie77.9679.0579.9481.0381.9283.0183.90
Fibonacci79.0879.8480.3181.0681.8282.2983.04

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): 47.09
MACD (12,26,9): -0.0300
Directional Movement: -3.88
AROON (14): -57.14
DEMA (21): 81.53
Parabolic SAR (0,02-0,02-0,2): 81.45
Elder Ray (13): -0.01
Super Trend (3,10): 81.49
Zig ZAG (10): 81.53
VORTEX (21): 0.9000
Stochastique (14,3,5): 28.58
TEMA (21): 81.50
Williams %R (14): -68.18
Chande Momentum Oscillator (20): -0.09
Repulse (5,40,3): -0.0600
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.32
MA7: 81.54
MA20: 81.07
MA50: 80.64
MA100: 80.25
MAexp7: 81.53
MAexp20: 81.57
MAexp50: 81.60
MAexp100: 81.55
Price / MA7: -0.01%
Price / MA20: +0.57%
Price / MA50: +1.10%
Price / MA100: +1.60%
Price / MAexp7: -0%
Price / MAexp20: -0.05%
Price / MAexp50: -0.09%
Price / MAexp100: -0.02%

Quotes : 2021-01-13 07:44:56 - Real time data - Forex

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

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