CHF/JPY - 15 min. - Technical analysis published on 08/27/2020 (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
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
17%
44%
39%
My opinion
Bearish under 116.85 JPY
My targets
116.32 JPY (-0.37)
115.97 JPY (-0.72)
My analysis
The basic trend is currently slightly bearish on CHF/JPY and the short term does not seem to show any sign of improvement. Sellers are struggling to get their hands on this instrument. However, as long as the price remains below 116.85 JPY, sales could be favoured. The first bearish objective would be located at 116.32 JPY. Sellers would then use the next support located at 115.97 JPY as an objective. Crossing it would then enable sellers to target 115.44 JPY. A return to above the resistance at 116.85 JPY could jeopardize this fragile bearish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
3.4
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This analysis was given by Ahmed93. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/JPY rating 116.69 JPY. On the day, this instrument gained +0.03% and was traded between 116.53 JPY and 116.99 JPY over the period. The price is currently at +0.14% from its lowest and -0.26% from its highest.116.53
116.99
116.69
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of CHF/JPY indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. This bearish trend does not seem to be increasing given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
The probability of a further decline is low given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of triangle is broken
Type : Bullish
Timeframe : 15 minutes
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 116.18 | 116.44 | 116.60 | 116.69 | 116.80 | 116.93 | 117.39 |
| Change (%) | -0.44% | -0.21% | -0.08% | - | +0.09% | +0.21% | +0.60% |
| Change | -0.51 | -0.25 | -0.09 | - | +0.11 | +0.24 | +0.70 |
| Level | Major | Minor | Major | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 115.44 | 115.97 | 116.32 | 116.85 | 117.20 | 117.73 | 118.08 |
| Camarilla | 116.42 | 116.50 | 116.58 | 116.66 | 116.74 | 116.82 | 116.90 |
| Woodie | 115.34 | 115.93 | 116.22 | 116.81 | 117.10 | 117.69 | 117.98 |
| Fibonacci | 115.97 | 116.31 | 116.52 | 116.85 | 117.19 | 117.40 | 117.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 113.64 | 114.68 | 115.37 | 116.41 | 117.10 | 118.14 | 118.83 |
| Camarilla | 115.58 | 115.74 | 115.90 | 116.06 | 116.22 | 116.38 | 116.54 |
| Woodie | 113.47 | 114.59 | 115.20 | 116.32 | 116.93 | 118.05 | 118.66 |
| Fibonacci | 114.68 | 115.34 | 115.75 | 116.41 | 117.07 | 117.48 | 118.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 110.54 | 111.78 | 113.83 | 115.07 | 117.12 | 118.36 | 120.41 |
| Camarilla | 114.98 | 115.28 | 115.58 | 115.88 | 116.18 | 116.48 | 116.79 |
| Woodie | 110.95 | 111.98 | 114.24 | 115.27 | 117.53 | 118.56 | 120.82 |
| Fibonacci | 111.78 | 113.04 | 113.81 | 115.07 | 116.33 | 117.10 | 118.36 |
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): | 47.61 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | -4.00 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 116.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 116.64 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 116.49 | |
| Zig ZAG (10): | 116.68 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 39.86 | |
| TEMA (21): | 116.76 | |
| Williams %R (14): | -69.57 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.05 |
| MA7: | 116.47 | |
| MA20: | 116.41 | |
| MA50: | 114.92 | |
| MA100: | 113.15 | |
| MAexp7: | 116.77 | |
| MAexp20: | 116.76 | |
| MAexp50: | 116.75 | |
| MAexp100: | 116.77 | |
| Price / MA7: | +0.19% | |
| Price / MA20: | +0.24% | |
| Price / MA50: | +1.54% | |
| Price / MA100: | +3.13% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.06% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.07% |
Quotes :
2020-08-27 09:58:30
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Real time data
-
Forex
News
The last news published on CHF/JPY at the time of the generation of this analysis 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.
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