CAD/JPY - 1H - Technical analysis published on 01/13/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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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
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
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:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 81.12 | 81.29 | 81.47 | 81.64 | 81.82 | 81.99 | 82.17 |
Camarilla | 81.54 | 81.58 | 81.61 | 81.64 | 81.67 | 81.70 | 81.74 |
Woodie | 81.12 | 81.29 | 81.47 | 81.64 | 81.82 | 81.99 | 82.17 |
Fibonacci | 81.29 | 81.43 | 81.51 | 81.64 | 81.78 | 81.86 | 81.99 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 79.56 | 80.06 | 80.99 | 81.49 | 82.42 | 82.92 | 83.85 |
Camarilla | 81.53 | 81.66 | 81.79 | 81.92 | 82.05 | 82.18 | 82.31 |
Woodie | 79.78 | 80.17 | 81.21 | 81.60 | 82.64 | 83.03 | 84.07 |
Fibonacci | 80.06 | 80.61 | 80.94 | 81.49 | 82.04 | 82.37 | 82.92 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 78.03 | 79.08 | 80.01 | 81.06 | 81.99 | 83.04 | 83.97 |
Camarilla | 80.39 | 80.57 | 80.75 | 80.93 | 81.11 | 81.29 | 81.47 |
Woodie | 77.96 | 79.05 | 79.94 | 81.03 | 81.92 | 83.01 | 83.90 |
Fibonacci | 79.08 | 79.84 | 80.31 | 81.06 | 81.82 | 82.29 | 83.04 |
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
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Real time data
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Forex
News
Don"t forget to follow the news on CAD/JPY. At the time of publication of this analysis, the latest news was as follows:
- Quick Takes Video: BoC Hike Pushes CAD/JPY To Key Resistance, Now What?
- Forex: Top FX Headlines: GBP/USD Awaits Catalyst; USD/CAD, CAD/JPY at Crossroads: 7/11/17
- Technical Focus: CAD/JPY - Getting Ready for the Next Big Level
- Forex: Top FX Headlines: USD/CAD, CAD/JPY in the Spotlight Today - Watch Crude Oil Price: 2/24/17
- 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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