CHF/JPY - 1H - Technical analysis published on 11/12/2019 (GMT)
- Who voted?
- 137
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 109.72 JPY
My targets
109.46 JPY (-0.16%)
109.33 JPY (-0.28%)
My analysis
There is a bearish trend on CHF/JPY both at the basic level and in the short term. A sale could be considered, so long as the price remains below 109.72 JPY. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 109.46 JPY. Then the price could move towards 109.33 JPY. Then 108.56 JPY by extension. Be careful, a return to above the resistance 109.72 JPY would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
5
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/JPY rating is 109.64 JPY. The price registered a decrease of -0.14% on the session and was traded between 109.58 JPY and 109.91 JPY over the period. The price is currently at +0.05% from its lowest and -0.25% from its highest.109.58
109.91
109.64
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of CHF/JPY in 1H shows an overall bearish trend. The signals given by moving averages are at 71.43% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 108.56 | 109.33 | 109.46 | 109.64 | 109.72 | 109.88 | 110.00 |
| Change (%) | -0.99% | -0.28% | -0.16% | - | +0.07% | +0.22% | +0.33% |
| Change | -1.08 | -0.31 | -0.18 | - | +0.08 | +0.24 | +0.36 |
| Level | Major | Major | Minor | - | Minor | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.98 | 109.16 | 109.47 | 109.65 | 109.96 | 110.14 | 110.45 |
| Camarilla | 109.66 | 109.70 | 109.75 | 109.79 | 109.84 | 109.88 | 109.93 |
| Woodie | 109.06 | 109.19 | 109.55 | 109.68 | 110.04 | 110.17 | 110.53 |
| Fibonacci | 109.16 | 109.34 | 109.46 | 109.65 | 109.83 | 109.95 | 110.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.53 | 108.97 | 109.26 | 109.70 | 109.99 | 110.43 | 110.72 |
| Camarilla | 109.35 | 109.42 | 109.48 | 109.55 | 109.62 | 109.68 | 109.75 |
| Woodie | 108.46 | 108.93 | 109.19 | 109.66 | 109.92 | 110.39 | 110.65 |
| Fibonacci | 108.97 | 109.25 | 109.42 | 109.70 | 109.98 | 110.15 | 110.43 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.67 | 105.20 | 107.34 | 108.87 | 111.01 | 112.54 | 114.68 |
| Camarilla | 108.47 | 108.81 | 109.14 | 109.48 | 109.82 | 110.15 | 110.49 |
| Woodie | 103.98 | 105.35 | 107.65 | 109.02 | 111.32 | 112.69 | 114.99 |
| Fibonacci | 105.20 | 106.60 | 107.47 | 108.87 | 110.27 | 111.14 | 112.54 |
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): | 42.73 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | -6.31 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 109.79 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.88 | |
| Elder Ray (13): | -0.11 | |
| Super Trend (3,10): | 109.61 | |
| Zig ZAG (10): | 109.65 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 19.07 | |
| TEMA (21): | 109.79 | |
| Williams %R (14): | -81.82 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.03 |
| MA7: | 109.79 | |
| MA20: | 109.72 | |
| MA50: | 108.95 | |
| MA100: | 109.00 | |
| MAexp7: | 109.74 | |
| MAexp20: | 109.74 | |
| MAexp50: | 109.69 | |
| MAexp100: | 109.70 | |
| Price / MA7: | -0.14% | |
| Price / MA20: | -0.07% | |
| Price / MA50: | +0.63% | |
| Price / MA100: | +0.59% | |
| Price / MAexp7: | -0.09% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | -0.05% |
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:
CHFJPY Potential Swing to the Long SideThis 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