GBP/JPY - 1H - Technical analysis published on 03/16/2021 (GMT)
- 167
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Neutral
Technical indicators
61%
0%
39%
My opinion
Neutral between 151.25 JPY and 151.69 JPY
My targets
-
My analysis
There is no clear trend on GBP/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 151.69 JPY. The first support is located at 151.25 JPY.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/JPY rating is 151.44 JPY. On the day, this instrument lost -0.15% with the lowest point at 150.79 JPY and the highest point at 151.76 JPY. The deviation from the price is +0.43% for the low point and -0.21% for the high point.150.79
151.76
151.44
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/JPY indicates that the overall trend is not clearly defined. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
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 | 149.88 | 150.64 | 151.25 | 151.44 | 151.69 | 152.13 | 152.69 |
| Change (%) | -1.03% | -0.53% | -0.13% | - | +0.17% | +0.46% | +0.83% |
| Change | -1.56 | -0.80 | -0.19 | - | +0.25 | +0.69 | +1.25 |
| Level | Minor | Intermediate | Intermediate | - | Minor | 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 | 150.29 | 150.74 | 151.21 | 151.66 | 152.13 | 152.58 | 153.05 |
| Camarilla | 151.42 | 151.50 | 151.59 | 151.67 | 151.75 | 151.84 | 151.92 |
| Woodie | 150.29 | 150.75 | 151.21 | 151.67 | 152.13 | 152.59 | 153.05 |
| Fibonacci | 150.74 | 151.10 | 151.31 | 151.66 | 152.02 | 152.23 | 152.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.50 | 148.55 | 150.14 | 151.19 | 152.78 | 153.83 | 155.42 |
| Camarilla | 151.00 | 151.25 | 151.49 | 151.73 | 151.97 | 152.21 | 152.46 |
| Woodie | 147.77 | 148.69 | 150.41 | 151.33 | 153.05 | 153.97 | 155.69 |
| Fibonacci | 148.55 | 149.56 | 150.18 | 151.19 | 152.20 | 152.82 | 153.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.37 | 139.60 | 143.98 | 147.21 | 151.59 | 154.82 | 159.20 |
| Camarilla | 146.26 | 146.96 | 147.65 | 148.35 | 149.05 | 149.75 | 150.44 |
| Woodie | 136.94 | 139.89 | 144.55 | 147.50 | 152.16 | 155.11 | 159.77 |
| Fibonacci | 139.60 | 142.51 | 144.31 | 147.21 | 150.12 | 151.92 | 154.82 |
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): | 50.43 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -5.73 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 151.33 | |
| Parabolic SAR (0,02-0,02-0,2): | 150.96 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 151.48 | |
| Zig ZAG (10): | 151.42 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 89.81 | |
| TEMA (21): | 151.38 | |
| Williams %R (14): | -9.72 | |
| Chande Momentum Oscillator (20): | 0.32 | |
| Repulse (5,40,3): | 0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.27 |
| MA7: | 151.30 | |
| MA20: | 149.58 | |
| MA50: | 145.60 | |
| MA100: | 142.07 | |
| MAexp7: | 151.42 | |
| MAexp20: | 151.40 | |
| MAexp50: | 151.49 | |
| MAexp100: | 151.41 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +1.24% | |
| Price / MA50: | +4.01% | |
| Price / MA100: | +6.60% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | -0.03% | |
| Price / MAexp100: | +0.02% |
Quotes :
2021-03-16 22:09:34
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Real time data
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Forex
News
Don"t forget to follow the news on GBP/JPY. At the time of publication of this analysis, the latest news was as follows:
-
GBP/JPY Technical Analysis for March 17, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for March 16, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for the Week of March 15, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for March 15, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for March 12, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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