JPY/SEK - 1H - Technical analysis published on 08/05/2022 (GMT)
- 104
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
78%
6%
17%
My opinion
Neutral between 0.07612 SEK and 0.07647 SEK
My targets
-
My analysis
The short-term increase on JPY/SEK 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 0.07647 SEK. The first support is located at 0.07612 SEK. 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.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The JPY/SEK rating is 0.07623 SEK. On the day, this instrument lost -0.01% with the lowest point at 0.07590 SEK and the highest point at 0.07633 SEK. The deviation from the price is +0.43% for the low point and -0.13% for the high point.0.07590
0.07633
0.07623
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 (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of JPY/SEK in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages could cause a reversal of the trend. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near horizontal support
Type : Bullish
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 | 0.07539 | 0.07572 | 0.07612 | 0.07623 | 0.07647 | 0.07692 | 0.07760 |
| Change (%) | -1.10% | -0.67% | -0.14% | - | +0.31% | +0.91% | +1.80% |
| Change | -0.00084 | -0.00051 | -0.00011 | - | +0.00024 | +0.00069 | +0.00137 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | 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 | 0.07496 | 0.07534 | 0.07579 | 0.07617 | 0.07662 | 0.07700 | 0.07745 |
| Camarilla | 0.07601 | 0.07609 | 0.07616 | 0.07624 | 0.07632 | 0.07639 | 0.07647 |
| Woodie | 0.07500 | 0.07536 | 0.07583 | 0.07619 | 0.07666 | 0.07702 | 0.07749 |
| Fibonacci | 0.07534 | 0.07566 | 0.07585 | 0.07617 | 0.07649 | 0.07668 | 0.07700 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.07221 | 0.07324 | 0.07470 | 0.07573 | 0.07719 | 0.07822 | 0.07968 |
| Camarilla | 0.07547 | 0.07569 | 0.07592 | 0.07615 | 0.07638 | 0.07661 | 0.07684 |
| Woodie | 0.07242 | 0.07335 | 0.07491 | 0.07584 | 0.07740 | 0.07833 | 0.07989 |
| Fibonacci | 0.07324 | 0.07420 | 0.07478 | 0.07573 | 0.07669 | 0.07727 | 0.07822 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.06861 | 0.07094 | 0.07355 | 0.07588 | 0.07849 | 0.08082 | 0.08343 |
| Camarilla | 0.07479 | 0.07524 | 0.07570 | 0.07615 | 0.07660 | 0.07706 | 0.07751 |
| Woodie | 0.06874 | 0.07101 | 0.07368 | 0.07595 | 0.07862 | 0.08089 | 0.08356 |
| Fibonacci | 0.07094 | 0.07283 | 0.07400 | 0.07588 | 0.07777 | 0.07894 | 0.08082 |
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): | 57.59 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 8.86228 | |
| AROON (14): | 35.71429 | |
| DEMA (21): | 0.07604 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.07642 | |
| Elder Ray (13): | 0.00019 | |
| Super Trend (3,10): | 0.07635 | |
| Zig ZAG (10): | 0.07628 | |
| VORTEX (21): | 1.0370 | |
| Stochastique (14,3,5): | 68.83 | |
| TEMA (21): | 0.07611 | |
| Williams %R (14): | -9.30 | |
| Chande Momentum Oscillator (20): | 0.00019 | |
| Repulse (5,40,3): | 0.3196 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0113 | |
| Courbe Coppock: | 0.02 |
| MA7: | 0.07642 | |
| MA20: | 0.07582 | |
| MA50: | 0.07554 | |
| MA100: | 0.07605 | |
| MAexp7: | 0.07612 | |
| MAexp20: | 0.07610 | |
| MAexp50: | 0.07624 | |
| MAexp100: | 0.07632 | |
| Price / MA7: | -0.25% | |
| Price / MA20: | +0.54% | |
| Price / MA50: | +0.91% | |
| Price / MA100: | +0.24% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | -0.12% |
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
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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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