CHF/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CHFJPY
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CHF/JPY - 15 min. - Technical analysis published on 10/31/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 176.71 JPY

My targets

176.35 JPY (-0.24)

175.85 JPY (-0.74)

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 176.71 JPY. The next support located at 176.35 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 175.85 JPY. Below this support, sellers could then target 175.49 JPY.

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

6.1

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 shadybhai. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

CHF/JPY rating 176.59 JPY. The price registered a decrease of -0.15% on the session with the lowest point at 176.56 JPY and the highest point at 177.32 JPY. The deviation from the price is +0.02% for the low point and -0.41% for the high point.

176.56

177.32

176.59

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of CHF/JPY indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : 15 minutes

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

CCI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 15 minutes

Resistance of channel is broken

Type : Bullish

Timeframe : 15 minutes

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	172.40	173.99	175.07	176.59	177.24	179.74
Change (%)	-2.37%	-1.47%	-0.86%	-	+0.37%	+1.78%
Change	-4.19	-2.60	-1.52	-	+0.65	+3.15
Level	Minor	Intermediate	Intermediate	-	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	175.49	175.85	176.35	176.71	177.21	177.57	178.07
Camarilla	176.62	176.70	176.78	176.86	176.94	177.02	177.10
Woodie	175.57	175.89	176.43	176.75	177.29	177.61	178.15
Fibonacci	175.85	176.18	176.38	176.71	177.04	177.24	177.57

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	169.08	170.74	173.22	174.88	177.36	179.02	181.50
Camarilla	174.56	174.94	175.32	175.70	176.08	176.46	176.84
Woodie	169.49	170.95	173.63	175.09	177.77	179.23	181.91
Fibonacci	170.74	172.32	173.30	174.88	176.46	177.44	179.02

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	158.41	161.85	165.93	169.37	173.45	176.89	180.97
Camarilla	167.93	168.62	169.31	170.00	170.69	171.38	172.07
Woodie	158.72	162.01	166.24	169.53	173.76	177.05	181.28
Fibonacci	161.85	164.73	166.50	169.37	172.25	174.02	176.89

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):	31.62
MACD (12,26,9):	-0.0700
Directional Movement:	-7.45
AROON (14):	-50.00
DEMA (21):	176.85
Parabolic SAR (0,02-0,02-0,2):	177.08
Elder Ray (13):	-0.23
Super Trend (3,10):	177.08
Zig ZAG (10):	176.65
VORTEX (21):	0.9000
Stochastique (14,3,5):	4.23
TEMA (21):	176.75
Williams %R (14):	-88.89
Chande Momentum Oscillator (20):	-0.48
Repulse (5,40,3):	-0.0700
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	0.31

MA7:	176.37
MA20:	174.45
MA50:	171.57
MA100:	173.30
MAexp7:	176.78
MAexp20:	176.90
MAexp50:	176.91
MAexp100:	176.86
Price / MA7:	+0.12%
Price / MA20:	+1.23%
Price / MA50:	+2.93%
Price / MA100:	+1.90%
Price / MAexp7:	-0.10%
Price / MAexp20:	-0.17%
Price / MAexp50:	-0.18%
Price / MAexp100:	-0.15%

Quotes : - 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:

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

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