GBP/JPY - 1H - Technical analysis published on 11/13/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Neutral
Technical indicators
28%
33%
39%
My opinion
Bearish under 139.94 JPY
My targets
139.79 JPY (-0.05%)
139.65 JPY (-0.15%)
My analysis
The current short-term bearish acceleration registered on GBP/JPY should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 139.94 JPY. Short-term sellers will use the support located at 139.79 JPY as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 139.65 JPY. Crossing this support would then open the door for sellers to target 139.49 JPY. Caution, if there is a return to below 139.94 JPY, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
1.6
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Additional analysis
Quotes
The GBP/JPY rating is 139.86 JPY. The price registered a decrease of -0.15% on the session and was between 139.83 JPY and 140.26 JPY. This implies that the price is at +0.02% from its lowest and at -0.29% from its highest.139.83
140.26
139.86
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 1H chart of GBP/JPY indicates that the overall trend is not clearly defined. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
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 | 139.49 | 139.65 | 139.79 | 139.86 | 139.94 | 140.08 | 140.23 |
| Change (%) | -0.26% | -0.15% | -0.05% | - | +0.06% | +0.16% | +0.26% |
| Change | -0.37 | -0.21 | -0.07 | - | +0.08 | +0.22 | +0.37 |
| Level | Minor | Major | Minor | - | 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 | 139.16 | 139.55 | 139.81 | 140.20 | 140.46 | 140.85 | 141.11 |
| Camarilla | 139.89 | 139.95 | 140.01 | 140.07 | 140.13 | 140.19 | 140.25 |
| Woodie | 139.10 | 139.52 | 139.75 | 140.17 | 140.40 | 140.82 | 141.05 |
| Fibonacci | 139.55 | 139.80 | 139.95 | 140.20 | 140.45 | 140.60 | 140.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 137.74 | 138.57 | 139.08 | 139.91 | 140.42 | 141.25 | 141.76 |
| Camarilla | 139.21 | 139.33 | 139.46 | 139.58 | 139.70 | 139.83 | 139.95 |
| Woodie | 137.57 | 138.49 | 138.91 | 139.83 | 140.25 | 141.17 | 141.59 |
| Fibonacci | 138.57 | 139.09 | 139.40 | 139.91 | 140.43 | 140.74 | 141.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 121.87 | 126.15 | 132.95 | 137.23 | 144.03 | 148.31 | 155.11 |
| Camarilla | 136.70 | 137.72 | 138.73 | 139.75 | 140.77 | 141.78 | 142.80 |
| Woodie | 123.13 | 126.78 | 134.21 | 137.86 | 145.29 | 148.94 | 156.37 |
| Fibonacci | 126.15 | 130.38 | 133.00 | 137.23 | 141.46 | 144.08 | 148.31 |
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): | 46.16 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 1.23 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 140.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 140.26 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 140.50 | |
| Zig ZAG (10): | 140.08 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 59.43 | |
| TEMA (21): | 140.10 | |
| Williams %R (14): | -56.76 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.05 |
| MA7: | 140.08 | |
| MA20: | 140.06 | |
| MA50: | 136.25 | |
| MA100: | 134.15 | |
| MAexp7: | 140.13 | |
| MAexp20: | 140.13 | |
| MAexp50: | 140.10 | |
| MAexp100: | 140.08 | |
| Price / MA7: | -0.16% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | +2.65% | |
| Price / MA100: | +4.26% | |
| Price / MAexp7: | -0.19% | |
| Price / MAexp20: | -0.19% | |
| Price / MAexp50: | -0.17% | |
| Price / MAexp100: | -0.16% |
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 November 13, 2019 by FXEmpire
-
GBP/JPY Technical Analysis for November 12, 2019 by FXEmpire
-
GBP/JPY Technical Analysis for the week of November 11, 2019 by FXEmpire
-
GBP/JPY Technical Analysis for November 11, 2019 by FXEmpire
-
GBP/JPY Technical Analysis for November 08, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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