CAD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CADJPY
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CAD/JPY - 1H - Technical analysis published on 07/01/2025 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

33%

39%

28%

My opinion

Bearish under 105.74 JPY

My targets

105.03 JPY (-0.25)

104.53 JPY (-0.75)

My analysis

The bearish basic trend is very strong on CAD/JPY but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 105.74 JPY. Crossing the first support at 105.03 JPY would be a sign of a further potential price plummet. Sellers would then use the next support located at 104.53 JPY as an objective. Crossing it would then enable sellers to target 103.68 JPY. Caution, a return to above the resistance located at 105.74 JPY would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.5

Comment on the 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 minhphuc429. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CAD/JPY price is 105.28 JPY. The price registered a decrease of -0.39% on the session and was between 104.85 JPY and 105.77 JPY. This implies that the price is at +0.41% from its lowest and at -0.46% from its highest.

104.85

105.77

105.28

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this CAD/JPY chart shows a sharp bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals 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, 5 are neutral and 7 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	104.53	105.03	105.23	105.28	105.74	106.19	106.71
Change (%)	-0.71%	-0.24%	-0.05%	-	+0.44%	+0.86%	+1.36%
Change	-0.75	-0.25	-0.05	-	+0.46	+0.91	+1.43
Level	Minor	Minor	Intermediate	-	Minor	Major	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	104.58	104.90	105.30	105.62	106.02	106.34	106.74
Camarilla	105.49	105.56	105.62	105.69	105.76	105.82	105.89
Woodie	104.61	104.92	105.33	105.64	106.05	106.36	106.77
Fibonacci	104.90	105.18	105.35	105.62	105.90	106.07	106.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.38	103.70	104.69	106.01	107.00	108.32	109.31
Camarilla	105.04	105.25	105.46	105.67	105.88	106.09	106.31
Woodie	102.21	103.62	104.52	105.93	106.83	108.24	109.14
Fibonacci	103.70	104.59	105.13	106.01	106.90	107.44	108.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.41	102.12	103.91	105.62	107.41	109.12	110.91
Camarilla	104.73	105.05	105.37	105.69	106.01	106.33	106.65
Woodie	100.44	102.14	103.94	105.64	107.44	109.14	110.94
Fibonacci	102.12	103.46	104.29	105.62	106.96	107.79	109.12

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):	44.23
MACD (12,26,9):	-0.1500
Directional Movement:	-10.21
AROON (14):	-57.15
DEMA (21):	105.10
Parabolic SAR (0,02-0,02-0,2):	104.86
Elder Ray (13):	0.01
Super Trend (3,10):	105.47
Zig ZAG (10):	105.21
VORTEX (21):	0.8600
Stochastique (14,3,5):	35.51
TEMA (21):	105.02
Williams %R (14):	-58.70
Chande Momentum Oscillator (20):	-0.31
Repulse (5,40,3):	0.0700
ROCnROLL:	-1
TRIX (15,9):	-0.0200
Courbe Coppock:	1.06

MA7:	105.74
MA20:	105.74
MA50:	104.82
MA100:	104.49
MAexp7:	105.14
MAexp20:	105.28
MAexp50:	105.47
MAexp100:	105.61
Price / MA7:	-0.44%
Price / MA20:	-0.44%
Price / MA50:	+0.44%
Price / MA100:	+0.76%
Price / MAexp7:	+0.13%
Price / MAexp20:	-0%
Price / MAexp50:	-0.18%
Price / MAexp100:	-0.31%

Quotes : - Real time data - Forex

News

The last news published on CAD/JPY at the time of the generation of this analysis was as follows:

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

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