EUR/JPY - Daily - Technical analysis published on 11/17/2019 (GMT)
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- Timeframe : Daily
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- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
22%
33%
44%
My opinion
Neutral between 119.73 JPY and 121.33 JPY
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 121.33 JPY. The first support is located at 119.73 JPY. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this 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.
This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EUR/JPY price is 120.21 JPY. On the day, this instrument lost -0.03% and was traded between 120.19 JPY and 120.28 JPY over the period. The price is currently at +0.02% from its lowest and -0.06% from its highest.120.19
120.28
120.21
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/JPY in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 116.15 | 117.21 | 119.73 | 120.21 | 121.33 | 122.69 | 124.25 |
| Change (%) | -3.38% | -2.50% | -0.40% | - | +0.93% | +2.06% | +3.36% |
| Change | -4.06 | -3.00 | -0.48 | - | +1.12 | +2.48 | +4.04 |
| Level | Intermediate | Major | Major | - | Intermediate | Minor | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 118.71 | 118.98 | 119.27 | 119.54 | 119.83 | 120.10 | 120.39 |
| Camarilla | 119.41 | 119.46 | 119.51 | 119.56 | 119.61 | 119.66 | 119.71 |
| Woodie | 118.72 | 118.99 | 119.28 | 119.55 | 119.84 | 120.11 | 120.40 |
| Fibonacci | 118.98 | 119.19 | 119.33 | 119.54 | 119.75 | 119.89 | 120.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 118.74 | 119.44 | 119.91 | 120.61 | 121.08 | 121.78 | 122.25 |
| Camarilla | 120.07 | 120.18 | 120.28 | 120.39 | 120.50 | 120.61 | 120.71 |
| Woodie | 118.64 | 119.38 | 119.81 | 120.55 | 120.98 | 121.72 | 122.15 |
| Fibonacci | 119.44 | 119.88 | 120.16 | 120.61 | 121.05 | 121.33 | 121.78 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 113.44 | 115.24 | 117.87 | 119.67 | 122.30 | 124.10 | 126.73 |
| Camarilla | 119.27 | 119.68 | 120.08 | 120.49 | 120.90 | 121.30 | 121.71 |
| Woodie | 113.85 | 115.45 | 118.28 | 119.88 | 122.71 | 124.31 | 127.14 |
| Fibonacci | 115.24 | 116.94 | 117.98 | 119.67 | 121.37 | 122.41 | 124.10 |
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): | 51.60 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 3.95 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 120.52 | |
| Parabolic SAR (0,02-0,02-0,2): | 120.77 | |
| Elder Ray (13): | -0.34 | |
| Super Trend (3,10): | 119.04 | |
| Zig ZAG (10): | 120.24 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 23.12 | |
| TEMA (21): | 120.30 | |
| Williams %R (14): | -55.61 | |
| Chande Momentum Oscillator (20): | -1.10 | |
| Repulse (5,40,3): | 0.3800 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0500 | |
| Courbe Coppock: | 1.08 |
| MA7: | 120.16 | |
| MA20: | 120.59 | |
| MA50: | 119.49 | |
| MA100: | 119.51 | |
| MAexp7: | 120.14 | |
| MAexp20: | 120.22 | |
| MAexp50: | 119.82 | |
| MAexp100: | 120.13 | |
| Price / MA7: | +0.04% | |
| Price / MA20: | -0.32% | |
| Price / MA50: | +0.60% | |
| Price / MA100: | +0.59% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.07% |
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:
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This member declared not having a position on this financial instrument or a related financial instrument.
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