CHF/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CHFJPY
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CHF/JPY - 1H - Technical analysis published on 10/31/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

44%

33%

My opinion

Bearish under 177.24 JPY

My targets

175.07 JPY (-1.07)

173.99 JPY (-2.15)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/JPY as long as the price remains well below 177.24 JPY. The sellers' bearish objective is set at 175.07 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 173.99 JPY. In case of crossing, the next objective would be the support located at 172.40 JPY.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.6

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

The CHF/JPY rating is 176.14 JPY. The price is lower by -0.41% since the last closing and was between 175.61 JPY and 177.32 JPY. This implies that the price is at +0.30% from its lowest and at -0.67% from its highest.

175.61

177.32

176.14

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 1H chart of CHF/JPY indicates that the overall trend is bearish. 71.43% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	172.40	173.99	175.07	176.14	177.24	179.74
Change (%)	-2.12%	-1.22%	-0.61%	-	+0.62%	+2.04%
Change	-3.74	-2.15	-1.07	-	+1.10	+3.60
Level	Minor	Intermediate	Intermediate	-	Intermediate	Major

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	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):	43.89
MACD (12,26,9):	-0.1100
Directional Movement:	-13.57
AROON (14):	-42.86
DEMA (21):	176.37
Parabolic SAR (0,02-0,02-0,2):	175.73
Elder Ray (13):	-0.28
Super Trend (3,10):	176.87
Zig ZAG (10):	176.21
VORTEX (21):	0.8800
Stochastique (14,3,5):	43.56
TEMA (21):	176.29
Williams %R (14):	-56.38
Chande Momentum Oscillator (20):	-0.42
Repulse (5,40,3):	-0.0400
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.69

MA7:	176.29
MA20:	174.43
MA50:	171.56
MA100:	173.29
MAexp7:	176.35
MAexp20:	176.50
MAexp50:	176.60
MAexp100:	176.42
Price / MA7:	-0.09%
Price / MA20:	+0.98%
Price / MA50:	+2.67%
Price / MA100:	+1.64%
Price / MAexp7:	-0.12%
Price / MAexp20:	-0.20%
Price / MAexp50:	-0.26%
Price / MAexp100:	-0.16%

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:

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

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