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 07/02/2025 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

50%

My opinion

Bearish under 106.01 JPY

My targets

105.03 JPY (-0.20)

104.53 JPY (-0.70)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 106.01 JPY remains possible. It is advisable to trade CAD/JPY with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 106.01 JPY. The next bearish objective for sellers is set at 105.03 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 104.53 JPY. In case of crossing, the next objective would be the support located at 103.68 JPY. PS: if there is a bullish break in the resistance located at 106.01 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

2.7

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 rating is 105.23 JPY. The price registered an increase of +0.12% on the session and was between 105.09 JPY and 105.32 JPY. This implies that the price is at +0.13% from its lowest and at -0.09% from its highest.

105.09

105.32

105.23

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CAD/JPY:

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 bearish trend. 78.57% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	104.53	105.03	105.23	105.23	106.19	106.71	107.34
Change (%)	-0.67%	-0.19%	0%	-	+0.91%	+1.41%	+2.01%
Change	-0.70	-0.20	0	-	+0.96	+1.48	+2.11
Level	Minor	Intermediate	Intermediate	-	Major	Minor	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	103.79	104.32	104.71	105.24	105.63	106.16	106.55
Camarilla	104.85	104.93	105.02	105.10	105.18	105.27	105.35
Woodie	103.72	104.29	104.64	105.21	105.56	106.13	106.48
Fibonacci	104.32	104.67	104.89	105.24	105.59	105.81	106.16

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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.22
MACD (12,26,9):	-0.0600
Directional Movement:	-1.21
AROON (14):	35.71
DEMA (21):	105.12
Parabolic SAR (0,02-0,02-0,2):	105.09
Elder Ray (13):	-0.02
Super Trend (3,10):	105.47
Zig ZAG (10):	105.20
VORTEX (21):	0.9800
Stochastique (14,3,5):	58.70
TEMA (21):	105.15
Williams %R (14):	-46.87
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	0.0300
ROCnROLL:	-1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.21

MA7:	105.57
MA20:	105.78
MA50:	104.85
MA100:	104.46
MAexp7:	105.20
MAexp20:	105.22
MAexp50:	105.37
MAexp100:	105.52
Price / MA7:	-0.32%
Price / MA20:	-0.52%
Price / MA50:	+0.36%
Price / MA100:	+0.74%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.01%
Price / MAexp50:	-0.13%
Price / MAexp100:	-0.27%

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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