CHF/JPY - 1H - Technical analysis published on 01/16/2025 (GMT)
- 198
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - 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
28%
33%
39%
My opinion
Bearish under 171.12 JPY
My targets
169.74 JPY (-1.15)
168.69 JPY (-2.20)
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 171.12 JPY. The sellers' bearish objective is set at 169.74 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 168.69 JPY. In case of crossing, the next objective would be the support located at 166.94 JPY. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.9
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 GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/JPY price is 170.89 JPY. The price registered a decrease of -0.22% on the session and was between 170.27 JPY and 171.55 JPY. This implies that the price is at +0.36% from its lowest and at -0.38% from its highest.170.27
171.55
170.89
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of CHF/JPY indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
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 | 150.35 | 166.94 | 168.69 | 170.89 | 171.12 | 171.73 | 172.36 |
| Change (%) | -12.02% | -2.31% | -1.29% | - | +0.13% | +0.49% | +0.86% |
| Change | -20.54 | -3.95 | -2.20 | - | +0.23 | +0.84 | +1.47 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Major |
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 | 168.59 | 169.91 | 170.59 | 171.91 | 172.59 | 173.91 | 174.59 |
| Camarilla | 170.71 | 170.89 | 171.08 | 171.26 | 171.44 | 171.63 | 171.81 |
| Woodie | 168.26 | 169.75 | 170.26 | 171.75 | 172.26 | 173.75 | 174.26 |
| Fibonacci | 169.91 | 170.68 | 171.15 | 171.91 | 172.68 | 173.15 | 173.91 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 167.76 | 169.74 | 170.94 | 172.92 | 174.12 | 176.10 | 177.30 |
| Camarilla | 171.26 | 171.55 | 171.84 | 172.13 | 172.42 | 172.71 | 173.01 |
| Woodie | 167.36 | 169.55 | 170.54 | 172.73 | 173.72 | 175.91 | 176.90 |
| Fibonacci | 169.74 | 170.96 | 171.71 | 172.92 | 174.14 | 174.89 | 176.10 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 161.13 | 164.58 | 168.93 | 172.38 | 176.73 | 180.18 | 184.53 |
| Camarilla | 171.13 | 171.84 | 172.56 | 173.27 | 173.99 | 174.70 | 175.42 |
| Woodie | 161.57 | 164.81 | 169.37 | 172.61 | 177.17 | 180.41 | 184.97 |
| Fibonacci | 164.58 | 167.56 | 169.40 | 172.38 | 175.36 | 177.20 | 180.18 |
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): | 37.91 | |
| MACD (12,26,9): | -0.2800 | |
| Directional Movement: | -14.51 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 170.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 170.39 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 171.43 | |
| Zig ZAG (10): | 170.99 | |
| VORTEX (21): | 0.8000 | |
| Stochastique (14,3,5): | 67.71 | |
| TEMA (21): | 170.81 | |
| Williams %R (14): | -43.75 | |
| Chande Momentum Oscillator (20): | -0.44 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 0.57 |
| MA7: | 172.32 | |
| MA20: | 173.47 | |
| MA50: | 173.12 | |
| MA100: | 172.50 | |
| MAexp7: | 171.06 | |
| MAexp20: | 171.28 | |
| MAexp50: | 171.72 | |
| MAexp100: | 172.08 | |
| Price / MA7: | -0.83% | |
| Price / MA20: | -1.49% | |
| Price / MA50: | -1.29% | |
| Price / MA100: | -0.93% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.23% | |
| Price / MAexp50: | -0.49% | |
| Price / MAexp100: | -0.70% |
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:
-
CHF/JPY Forecast November 20, 2024
-
CHF/JPY Forecast October 18, 2024
-
CHF/JPY Forecast August 13, 2024
-
CHF/JPY Forecast August 5, 2024
-
CHF/JPY Forecast July 29, 2024
This 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