CAD/JPY - 15 min. - Technical analysis published on 01/07/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
56%
22%
My opinion
Bearish under 91.34 JPY
My targets
90.82 JPY (-0.22)
90.49 JPY (-0.55)
My analysis
The strong short-term decline in CAD/JPY calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 91.34 JPY, one could consider taking advantage of the short-term movement. The first bearish objective is located at 90.82 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 90.49 JPY as an objective. Crossing it would then enable sellers to target 89.97 JPY. Be careful, a return to above 91.34 JPY could jeopardize the reversal.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
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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 price is 91.04 JPY. The price has increased by +0.03% since the last closing and was traded between 91.00 JPY and 91.27 JPY over the period. The price is currently at +0.04% from its lowest and -0.25% from its highest.91.00
91.27
91.04
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this CAD/JPY chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
MACD indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 89.43 | 89.88 | 90.30 | 91.04 | 91.14 | 91.67 | 92.18 |
Change (%) | -1.77% | -1.27% | -0.81% | - | +0.11% | +0.69% | +1.25% |
Change | -1.61 | -1.16 | -0.74 | - | +0.10 | +0.63 | +1.14 |
Level | Minor | Minor | Intermediate | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 89.64 | 89.97 | 90.49 | 90.82 | 91.34 | 91.67 | 92.19 |
Camarilla | 90.78 | 90.85 | 90.93 | 91.01 | 91.09 | 91.17 | 91.24 |
Woodie | 89.74 | 90.02 | 90.59 | 90.87 | 91.44 | 91.72 | 92.29 |
Fibonacci | 89.97 | 90.30 | 90.50 | 90.82 | 91.15 | 91.35 | 91.67 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 87.65 | 88.42 | 89.72 | 90.49 | 91.79 | 92.56 | 93.86 |
Camarilla | 90.45 | 90.64 | 90.83 | 91.02 | 91.21 | 91.40 | 91.59 |
Woodie | 87.92 | 88.55 | 89.99 | 90.62 | 92.06 | 92.69 | 94.13 |
Fibonacci | 88.42 | 89.21 | 89.70 | 90.49 | 91.28 | 91.77 | 92.56 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 84.73 | 86.09 | 88.55 | 89.91 | 92.37 | 93.73 | 96.19 |
Camarilla | 89.97 | 90.32 | 90.67 | 91.02 | 91.37 | 91.72 | 92.07 |
Woodie | 85.29 | 86.37 | 89.11 | 90.19 | 92.93 | 94.01 | 96.75 |
Fibonacci | 86.09 | 87.55 | 88.45 | 89.91 | 91.37 | 92.27 | 93.73 |
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): | 38.57 | |
MACD (12,26,9): | -0.0100 | |
Directional Movement: | -10.83 | |
AROON (14): | -21.43 | |
DEMA (21): | 91.14 | |
Parabolic SAR (0,02-0,02-0,2): | 91.21 | |
Elder Ray (13): | -0.07 | |
Super Trend (3,10): | 91.25 | |
Zig ZAG (10): | 91.04 | |
VORTEX (21): | 0.9600 | |
Stochastique (14,3,5): | 18.86 | |
TEMA (21): | 91.09 | |
Williams %R (14): | -86.36 | |
Chande Momentum Oscillator (20): | -0.13 | |
Repulse (5,40,3): | -0.0900 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.09 |
MA7: | 90.89 | |
MA20: | 89.60 | |
MA50: | 90.00 | |
MA100: | 89.33 | |
MAexp7: | 91.10 | |
MAexp20: | 91.14 | |
MAexp50: | 91.09 | |
MAexp100: | 91.03 | |
Price / MA7: | +0.17% | |
Price / MA20: | +1.61% | |
Price / MA50: | +1.16% | |
Price / MA100: | +1.91% | |
Price / MAexp7: | -0.07% | |
Price / MAexp20: | -0.11% | |
Price / MAexp50: | -0.05% | |
Price / MAexp100: | +0.01% |
Quotes :
-
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:
- 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.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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