EUR/JPY - Daily - Technical analysis published on 11/25/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
22%
28%
50%
My opinion
Bullish above 144.17 JPY
My targets
147.45 JPY (+2.62)
149.26 JPY (+4.43)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 144.17 JPY remains possible. It is advisable to trade EUR/JPY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 144.17 JPY. The next bullish objective for buyers is set at 147.45 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 149.26 JPY. If there is any crossing, the next objective would be the resistance located at 169.54 JPY. PS: if there is a bearish break in the support located at 144.17 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.3
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Additional analysis
Quotes
The EUR/JPY rating is 144.83 JPY. The price registered an increase of +0.40% on the session and was between 144.12 JPY and 145.16 JPY. This implies that the price is at +0.49% from its lowest and at -0.23% from its highest.144.12
145.16
144.83
A study of price movements over other periods shows the following variations:
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
A technical analysis in Daily of this EUR/JPY chart shows a bullish trend. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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:
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 133.81 | 139.64 | 144.17 | 144.83 | 147.45 | 149.26 | 169.54 |
| Change (%) | -7.61% | -3.58% | -0.46% | - | +1.81% | +3.06% | +17.06% |
| Change | -11.02 | -5.19 | -0.66 | - | +2.62 | +4.43 | +24.71 |
| Level | Major | Intermediate | Major | - | Intermediate | Minor | Intermediate |
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 | 141.99 | 142.82 | 143.54 | 144.37 | 145.09 | 145.92 | 146.64 |
| Camarilla | 143.83 | 143.98 | 144.12 | 144.26 | 144.40 | 144.54 | 144.69 |
| Woodie | 141.94 | 142.79 | 143.49 | 144.34 | 145.04 | 145.89 | 146.59 |
| Fibonacci | 142.82 | 143.41 | 143.78 | 144.37 | 144.96 | 145.33 | 145.92 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 49.06 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | -9.68 | |
| AROON (14): | -14.28 | |
| DEMA (21): | 145.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 146.14 | |
| Elder Ray (13): | -0.40 | |
| Super Trend (3,10): | 142.31 | |
| Zig ZAG (10): | 144.77 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 47.11 | |
| TEMA (21): | 144.68 | |
| Williams %R (14): | -51.21 | |
| Chande Momentum Oscillator (20): | -1.70 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.41 |
| MA7: | 145.09 | |
| MA20: | 145.29 | |
| MA50: | 144.17 | |
| MA100: | 141.53 | |
| MAexp7: | 144.91 | |
| MAexp20: | 145.07 | |
| MAexp50: | 144.14 | |
| MAexp100: | 142.27 | |
| Price / MA7: | -0.18% | |
| Price / MA20: | -0.32% | |
| Price / MA50: | +0.46% | |
| Price / MA100: | +2.33% | |
| Price / MAexp7: | -0.06% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | +0.48% | |
| Price / MAexp100: | +1.80% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on EUR/JPY at the time of the analysis were as follows:
-
Technical Analysis: 22/11/2022 - EURJPY meets the 20-day SMA but needs some boost
-
EUR/JPY Forecast November 9, 2022
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Technical Analysis: 8/11/2022 - EURJPY trades sideways after hitting 8-year high
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Technical Analysis: 25/10/2022 - EURJPY trapped below 147.00; bias cautiously bullish
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Technical Analysis: 18/10/2022 - EURJPY advances to fresh 7½-year highs
This member declared not having a position on this financial instrument or a related financial instrument.
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