EUR/JPY

- JPY (-)

- Real time data - Forex

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Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Forex
Ticker:	EURJPY
ISIN:

EUR/JPY - Daily - Technical analysis published on 11/24/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

17%

28%

56%

My opinion

Bearish under 147.45 JPY

My targets

142.50 JPY (-1.50)

139.64 JPY (-4.36)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for EUR/JPY as long as the price remains well below 147.45 JPY. The next bearish objective for sellers is set at 142.50 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 139.64 JPY. In case of crossing, the next objective would be the support located at 137.82 JPY. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 142.50 JPY. With this support, against the trend traders who want to buy EUR/JPY on a buy signal from their trading strategy should not hesitate to act.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

0.7

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.

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Additional analysis

Quotes

EUR/JPY rating 144.00 JPY. The price is lower by -0.74% since the last closing with the lowest point at 143.65 JPY and the highest point at 145.20 JPY. The deviation from the price is +0.24% for the low point and -0.83% for the high point.

143.65

145.20

144.00

Here is a more detailed summary of the historical variations registered by EUR/JPY:

The Central Records scanner for higher/lower results shows the following items:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of EUR/JPY indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily

Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily

In fact, of the 18 technical indicators analysed by Central Analyzer, 3 are bullish, 10 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	133.81	137.82	139.64	144.00	144.17	147.45	149.26
Change (%)	-7.08%	-4.29%	-3.03%	-	+0.12%	+2.40%	+3.65%
Change	-10.19	-6.18	-4.36	-	+0.17	+3.45	+5.26
Level	Major	Minor	Intermediate	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	142.91	143.77	144.42	145.28	145.93	146.79	147.44
Camarilla	144.66	144.79	144.93	145.07	145.21	145.35	145.49
Woodie	142.81	143.72	144.32	145.23	145.83	146.74	147.34
Fibonacci	143.77	144.35	144.70	145.28	145.86	146.21	146.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	141.41	142.36	143.64	144.59	145.87	146.82	148.10
Camarilla	144.30	144.50	144.71	144.91	145.11	145.32	145.52
Woodie	141.57	142.44	143.80	144.67	146.03	146.90	148.26
Fibonacci	142.36	143.22	143.74	144.59	145.45	145.97	146.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	135.00	137.95	142.50	145.45	150.00	152.95	157.50
Camarilla	144.99	145.68	146.36	147.05	147.74	148.43	149.11
Woodie	135.80	138.35	143.30	145.85	150.80	153.35	158.30
Fibonacci	137.95	140.82	142.59	145.45	148.32	150.09	152.95

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	45.29
MACD (12,26,9):	0.0600
Directional Movement:	-10.17
AROON (14):	-14.28
DEMA (21):	145.30
Parabolic SAR (0,02-0,02-0,2):	146.14
Elder Ray (13):	-0.63
Super Trend (3,10):	142.31
Zig ZAG (10):	144.00
VORTEX (21):	0.9000
Stochastique (14,3,5):	50.84
TEMA (21):	144.69
Williams %R (14):	-68.35
Chande Momentum Oscillator (20):	-2.47
Repulse (5,40,3):	-0.8700
ROCnROLL:	-1
TRIX (15,9):	0.0200
Courbe Coppock:	1.63

MA7:	145.06
MA20:	145.38
MA50:	144.14
MA100:	141.47
MAexp7:	144.89
MAexp20:	145.07
MAexp50:	144.11
MAexp100:	142.22
Price / MA7:	-0.73%
Price / MA20:	-0.95%
Price / MA50:	-0.10%
Price / MA100:	+1.79%
Price / MAexp7:	-0.61%
Price / MAexp20:	-0.74%
Price / MAexp50:	-0.08%
Price / MAexp100:	+1.25%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on EUR/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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