JPY/NOK - 1H - Technical analysis published on 05/26/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 0.07091 NOK
My targets
0.07071 NOK (-0.00010)
0.07052 NOK (-0.00029)
My analysis
In a bearish trend, the price of JPY/NOK tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.07091 NOK. A bearish break in the support located at 0.07071 NOK would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.07052 NOK. Then 0.07027 NOK by extension. It would be safer to wait for a bearish break in the support located at 0.07071 NOK before allowing yourself to re trade short positions (for sale) on JPY/NOK. PS: if there is a bullish break in the resistance located at 0.07091 NOK we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.8
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The JPY/NOK price is 0.07081 NOK. The price registered a decrease of -0.01% on the session and was between 0.07040 NOK and 0.07096 NOK. This implies that the price is at +0.58% from its lowest and at -0.21% from its highest.0.07040
0.07096
0.07081
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.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of JPY/NOK indicates that the overall trend is bearish. The signals given by moving averages are at 71.43% bearish. This bearish trend could slow down given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.07027 | 0.07052 | 0.07071 | 0.07081 | 0.07091 | 0.07123 | 0.07165 |
Change (%) | -0.76% | -0.41% | -0.14% | - | +0.14% | +0.59% | +1.19% |
Change | -0.00054 | -0.00029 | -0.00010 | - | +0.00010 | +0.00042 | +0.00084 |
Level | Intermediate | Intermediate | Intermediate | - | Major | Major | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.06937 | 0.06995 | 0.07038 | 0.07096 | 0.07139 | 0.07197 | 0.07240 |
Camarilla | 0.07054 | 0.07064 | 0.07073 | 0.07082 | 0.07091 | 0.07101 | 0.07110 |
Woodie | 0.06931 | 0.06991 | 0.07032 | 0.07092 | 0.07133 | 0.07193 | 0.07234 |
Fibonacci | 0.06995 | 0.07033 | 0.07057 | 0.07096 | 0.07134 | 0.07158 | 0.07197 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.06907 | 0.06977 | 0.07029 | 0.07099 | 0.07151 | 0.07221 | 0.07273 |
Camarilla | 0.07049 | 0.07060 | 0.07071 | 0.07082 | 0.07093 | 0.07104 | 0.07116 |
Woodie | 0.06899 | 0.06973 | 0.07021 | 0.07095 | 0.07143 | 0.07217 | 0.07265 |
Fibonacci | 0.06977 | 0.07023 | 0.07052 | 0.07099 | 0.07145 | 0.07174 | 0.07221 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.06127 | 0.06504 | 0.06889 | 0.07266 | 0.07651 | 0.08028 | 0.08413 |
Camarilla | 0.07066 | 0.07135 | 0.07205 | 0.07275 | 0.07345 | 0.07415 | 0.07485 |
Woodie | 0.06132 | 0.06506 | 0.06894 | 0.07268 | 0.07656 | 0.08030 | 0.08418 |
Fibonacci | 0.06504 | 0.06795 | 0.06975 | 0.07266 | 0.07557 | 0.07737 | 0.08028 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 42.25 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | -5.71993 | |
AROON (14): | -50.00000 | |
DEMA (21): | 0.07057 | |
Parabolic SAR (0,02-0,02-0,2): | 0.07077 | |
Elder Ray (13): | -0.00003 | |
Super Trend (3,10): | 0.07094 | |
Zig ZAG (10): | 0.07064 | |
VORTEX (21): | 0.9278 | |
Stochastique (14,3,5): | 46.79 | |
TEMA (21): | 0.07055 | |
Williams %R (14): | -40.48 | |
Chande Momentum Oscillator (20): | -0.00004 | |
Repulse (5,40,3): | 0.1189 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0145 | |
Courbe Coppock: | 0.62 |
MA7: | 0.07093 | |
MA20: | 0.07141 | |
MA50: | 0.07191 | |
MA100: | 0.07251 | |
MAexp7: | 0.07059 | |
MAexp20: | 0.07066 | |
MAexp50: | 0.07076 | |
MAexp100: | 0.07084 | |
Price / MA7: | -0.17% | |
Price / MA20: | -0.84% | |
Price / MA50: | -1.53% | |
Price / MA100: | -2.34% | |
Price / MAexp7: | +0.31% | |
Price / MAexp20: | +0.21% | |
Price / MAexp50: | +0.07% | |
Price / MAexp100: | -0.04% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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