EUR/JPY - 1H - Technical analysis published on 08/17/2019 (GMT)
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- Timeframe : 1H
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Neutral between 117.96 JPY and 118.28 JPY
My targets
-
My analysis
The short-term increase on EUR/JPY remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 118.28 JPY. The first support is located at 117.96 JPY. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
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Additional analysis
Quotes
The EUR/JPY price is 117.98 JPY. On the day, this instrument gained +0.09% and was traded between 117.58 JPY and 118.17 JPY over the period. The price is currently at +0.34% from its lowest and -0.16% from its highest.117.58
118.17
117.98
Here is a more detailed summary of the historical variations registered by EUR/JPY:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/JPY in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 115.29 | 117.63 | 117.96 | 117.98 | 118.28 | 118.73 | 119.14 |
Change (%) | -2.28% | -0.30% | -0.02% | - | +0.25% | +0.64% | +0.98% |
Change | -2.69 | -0.35 | -0.02 | - | +0.30 | +0.75 | +1.16 |
Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 116.00 | 116.81 | 117.35 | 118.16 | 118.70 | 119.51 | 120.05 |
Camarilla | 117.51 | 117.63 | 117.76 | 117.88 | 118.00 | 118.13 | 118.25 |
Woodie | 115.86 | 116.74 | 117.21 | 118.09 | 118.56 | 119.44 | 119.91 |
Fibonacci | 116.81 | 117.33 | 117.65 | 118.16 | 118.68 | 119.00 | 119.51 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 115.21 | 116.44 | 117.42 | 118.65 | 119.63 | 120.86 | 121.84 |
Camarilla | 117.79 | 118.00 | 118.20 | 118.40 | 118.60 | 118.81 | 119.01 |
Woodie | 115.09 | 116.38 | 117.30 | 118.59 | 119.51 | 120.80 | 121.72 |
Fibonacci | 116.44 | 117.28 | 117.81 | 118.65 | 119.49 | 120.02 | 120.86 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 115.92 | 117.99 | 119.23 | 121.30 | 122.54 | 124.61 | 125.85 |
Camarilla | 119.57 | 119.87 | 120.18 | 120.48 | 120.78 | 121.09 | 121.39 |
Woodie | 115.52 | 117.78 | 118.83 | 121.09 | 122.14 | 124.40 | 125.45 |
Fibonacci | 117.99 | 119.25 | 120.03 | 121.30 | 122.56 | 123.34 | 124.61 |
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): | 52.36 | |
MACD (12,26,9): | 0.0000 | |
Directional Movement: | 2.42 | |
AROON (14): | 0 | |
DEMA (21): | 117.89 | |
Parabolic SAR (0,02-0,02-0,2): | 117.63 | |
Elder Ray (13): | 0.05 | |
Super Trend (3,10): | 118.27 | |
Zig ZAG (10): | 117.98 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 62.71 | |
TEMA (21): | 117.95 | |
Williams %R (14): | -32.20 | |
Chande Momentum Oscillator (20): | 0.14 | |
Repulse (5,40,3): | 0.0800 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 0.15 |
MA7: | 118.30 | |
MA20: | 119.47 | |
MA50: | 120.92 | |
MA100: | 122.45 | |
MAexp7: | 117.94 | |
MAexp20: | 117.91 | |
MAexp50: | 118.00 | |
MAexp100: | 118.15 | |
Price / MA7: | -0.27% | |
Price / MA20: | -1.25% | |
Price / MA50: | -2.43% | |
Price / MA100: | -3.65% | |
Price / MAexp7: | +0.03% | |
Price / MAexp20: | +0.06% | |
Price / MAexp50: | -0.02% | |
Price / MAexp100: | -0.14% |
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:
- FX Price Action Setups in EUR/USD, USD/CAD, EUR/JPY and GBP/JPY
- Weekly Technical Analysis: 08/07/2019 - EURJPY, GBPUSD, NZDUSD
- Weekly Technical Analysis: 10/06/2019 - GBPUSD, EURJPY, USDCHF
- Weekly Technical Analysis: 20/05/2019 - USDJPY, GBPUSD, EURJPY
- Weekly Technical Analysis: 08/04/2019 - GBPUSD, EURJPY, US500
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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