EUR/JPY
EUR JPY
- JPY (-)
- Real time data - Forex
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Change: -
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Type: Forex
Ticker: EURJPY
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EUR/JPY - 1H - Technical analysis published on 06/05/2023 (GMT)

  • 66
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Neutral
Technical indicators
11%
61%
28%
My opinion
Neutral between 149.26 JPY and 150.10 JPY
My targets
-
My analysis
There is no clear trend on EUR/JPY either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 150.10 JPY. The first support is located at 149.26 JPY.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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 dbean323. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/JPY rating 149.76 JPY. The price registered a decrease of -0.03% on the session and was traded between 149.59 JPY and 150.20 JPY over the period. The price is currently at +0.11% from its lowest and -0.29% from its highest.

149.59
150.20
149.76

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EUR/JPY chart shows a neutral trend. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 148.59 148.85 149.26 149.76 149.76 150.10 150.32
Change (%) -0.78% -0.61% -0.33% 0% - +0.23% +0.37%
Change -1.17 -0.91 -0.50 0 - +0.34 +0.56
Level Minor Minor Major Minor - Intermediate Minor



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
Standard148.66148.96149.38149.68150.10150.40150.82
Camarilla149.61149.68149.74149.81149.88149.94150.01
Woodie148.73148.99149.45149.71150.17150.43150.89
Fibonacci148.96149.23149.40149.68149.95150.12150.40


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard146.10147.34148.58149.82151.06152.30153.54
Camarilla149.13149.36149.58149.81150.04150.27150.49
Woodie146.09147.34148.57149.82151.05152.30153.53
Fibonacci147.34148.29148.88149.82150.77151.36152.30


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard140.58143.35146.07148.84151.56154.33157.05
Camarilla147.27147.77148.28148.78149.28149.79150.29
Woodie140.55143.34146.04148.83151.53154.32157.02
Fibonacci143.35145.45146.75148.84150.94152.24154.33

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 42.58
MACD (12,26,9): 0.0400
Directional Movement: -9.63
AROON (14): -35.72
DEMA (21): 149.95
Parabolic SAR (0,02-0,02-0,2): 150.19
Elder Ray (13): -0.22
Super Trend (3,10): 149.57
Zig ZAG (10): 149.67
VORTEX (21): 0.9400
Stochastique (14,3,5): 24.88
TEMA (21): 149.89
Williams %R (14): -83.61
Chande Momentum Oscillator (20): -0.28
Repulse (5,40,3): -0.1600
ROCnROLL: 2
TRIX (15,9): 0.0100
Courbe Coppock: 0.03
MA7: 149.83
MA20: 149.06
MA50: 147.54
MA100: 144.91
MAexp7: 149.86
MAexp20: 149.87
MAexp50: 149.73
MAexp100: 149.68
Price / MA7: -0.05%
Price / MA20: +0.47%
Price / MA50: +1.50%
Price / MA100: +3.35%
Price / MAexp7: -0.07%
Price / MAexp20: -0.07%
Price / MAexp50: +0.02%
Price / MAexp100: +0.05%

Quotes : - Real time data - Forex

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

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