CHF/JPY - 1H - Technical analysis published on 07/09/2020 (GMT)
- Who voted?
- 204
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 114.14 JPY
My targets
114.63 JPY (+0.26)
115.48 JPY (+1.11)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 114.14 JPY remains possible. It is advisable to trade CHF/JPY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 114.14 JPY. The next bullish objective for buyers is set at 114.63 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 115.48 JPY. If there is any crossing, the next objective would be the resistance located at 118.23 JPY. PS: if there is a bearish break in the support located at 114.14 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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 Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/JPY price is 114.37 JPY. The price has increased by +0.03% since the last closing and was between 114.27 JPY and 114.60 JPY. This implies that the price is at +0.09% from its lowest and at -0.20% from its highest.114.27
114.60
114.37
Here is a more detailed summary of the historical variations registered by CHF/JPY:
Technical
Technical analysis of CHF/JPY in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
On the 18 technical indicators analysed, 4 are bullish, 10 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of triangle is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 114.01 | 114.14 | 114.35 | 114.37 | 114.63 | 118.23 | 136.95 |
| Change (%) | -0.31% | -0.20% | -0.02% | - | +0.23% | +3.38% | +19.74% |
| Change | -0.36 | -0.23 | -0.02 | - | +0.26 | +3.86 | +22.58 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 | 113.45 | 113.75 | 114.04 | 114.34 | 114.63 | 114.93 | 115.22 |
| Camarilla | 114.18 | 114.23 | 114.29 | 114.34 | 114.39 | 114.45 | 114.50 |
| Woodie | 113.46 | 113.75 | 114.05 | 114.34 | 114.64 | 114.93 | 115.23 |
| Fibonacci | 113.75 | 113.97 | 114.11 | 114.34 | 114.56 | 114.70 | 114.93 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 111.88 | 112.42 | 113.08 | 113.62 | 114.28 | 114.82 | 115.48 |
| Camarilla | 113.42 | 113.53 | 113.64 | 113.75 | 113.86 | 113.97 | 114.08 |
| Woodie | 111.95 | 112.45 | 113.15 | 113.65 | 114.35 | 114.85 | 115.55 |
| Fibonacci | 112.42 | 112.88 | 113.16 | 113.62 | 114.08 | 114.36 | 114.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 109.58 | 110.70 | 112.36 | 113.48 | 115.14 | 116.26 | 117.92 |
| Camarilla | 113.26 | 113.51 | 113.77 | 114.02 | 114.28 | 114.53 | 114.78 |
| Woodie | 109.85 | 110.84 | 112.63 | 113.62 | 115.41 | 116.40 | 118.19 |
| Fibonacci | 110.70 | 111.76 | 112.42 | 113.48 | 114.54 | 115.20 | 116.26 |
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): | 53.49 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | -1.20 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 114.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 114.59 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 114.15 | |
| Zig ZAG (10): | 114.38 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 31.43 | |
| TEMA (21): | 114.44 | |
| Williams %R (14): | -68.57 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.13 |
| MA7: | 113.97 | |
| MA20: | 113.28 | |
| MA50: | 112.16 | |
| MA100: | 112.04 | |
| MAexp7: | 114.40 | |
| MAexp20: | 114.38 | |
| MAexp50: | 114.27 | |
| MAexp100: | 114.12 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +0.96% | |
| Price / MA50: | +1.97% | |
| Price / MA100: | +2.08% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +0.22% |
Quotes :
2020-07-09 10:17:12
-
Real time data
-
Forex
News
Don"t forget to follow the news on CHF/JPY. At the time of publication of this analysis, the latest news was as follows:
CHFJPY Potential Swing to the Long SideThis member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis CHF/JPY - 1H