CHF/JPY - 15 min. - Technical analysis published on 04/03/2023 (GMT)
- 104
- 1
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 145.41 JPY
My targets
144.72 JPY (-0.25)
144.31 JPY (-0.66)
My analysis
CHF/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 145.41 JPY. The next support located at 144.72 JPY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 144.31 JPY. Below this support, sellers could then target 143.62 JPY. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
5
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This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
CHF/JPY rating 144.97 JPY. The price registered a decrease of -0.11% on the session and was traded between 144.71 JPY and 145.97 JPY over the period. The price is currently at +0.18% from its lowest and -0.69% from its highest.144.71
145.97
144.97
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/JPY:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of CHF/JPY indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is slight given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 143.26 | 143.74 | 144.45 | 144.97 | 145.57 | 146.10 | 146.98 |
| Change (%) | -1.18% | -0.85% | -0.36% | - | +0.41% | +0.78% | +1.39% |
| Change | -1.71 | -1.23 | -0.52 | - | +0.60 | +1.13 | +2.01 |
| Level | Intermediate | Major | Intermediate | - | Major | Intermediate | Intermediate |
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 | 143.62 | 144.31 | 144.72 | 145.41 | 145.82 | 146.51 | 146.92 |
| Camarilla | 144.83 | 144.93 | 145.03 | 145.13 | 145.23 | 145.33 | 145.43 |
| Woodie | 143.48 | 144.24 | 144.58 | 145.34 | 145.68 | 146.44 | 146.78 |
| Fibonacci | 144.31 | 144.73 | 144.99 | 145.41 | 145.83 | 146.09 | 146.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 138.52 | 140.23 | 142.68 | 144.39 | 146.84 | 148.55 | 151.00 |
| Camarilla | 143.99 | 144.37 | 144.75 | 145.13 | 145.51 | 145.89 | 146.27 |
| Woodie | 138.89 | 140.42 | 143.05 | 144.58 | 147.21 | 148.74 | 151.37 |
| Fibonacci | 140.23 | 141.82 | 142.80 | 144.39 | 145.98 | 146.96 | 148.55 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 133.64 | 136.94 | 141.03 | 144.33 | 148.42 | 151.72 | 155.81 |
| Camarilla | 143.10 | 143.78 | 144.45 | 145.13 | 145.81 | 146.49 | 147.16 |
| Woodie | 134.05 | 137.14 | 141.44 | 144.53 | 148.83 | 151.92 | 156.22 |
| Fibonacci | 136.94 | 139.76 | 141.50 | 144.33 | 147.15 | 148.89 | 151.72 |
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): | 43.98 | |
| MACD (12,26,9): | -0.0800 | |
| Directional Movement: | -8.35 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 144.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 144.79 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 145.37 | |
| Zig ZAG (10): | 144.97 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 60.65 | |
| TEMA (21): | 144.91 | |
| Williams %R (14): | -35.00 | |
| Chande Momentum Oscillator (20): | 0.26 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.17 |
| MA7: | 144.02 | |
| MA20: | 144.23 | |
| MA50: | 143.77 | |
| MA100: | 143.91 | |
| MAexp7: | 144.98 | |
| MAexp20: | 145.04 | |
| MAexp50: | 145.17 | |
| MAexp100: | 145.23 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +0.51% | |
| Price / MA50: | +0.83% | |
| Price / MA100: | +0.74% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.18% |
Quotes :
-
Real time data
-
Forex
News
The last news published on CHF/JPY at the time of the generation of this analysis was as follows:
-
CHF/JPY Forecast October 5, 2022
-
CHFJPY Potential Swing to the Long Side
-
CHF JPY: Set for another move lower?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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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