Londinia Opportunities Analyses - 01/20/2022 (GMT) EUR/JPY FULL0624 - 1H

EUR/JPY FULL0624
- USD (-)
- 10 min delayed data - CME Globex Futures
Type: Futures
Ticker: EURJPYXXXX
ISIN: EURJPYXXXX

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • FX/Indices
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 129.71 USD
My targets
129.21 USD (-0.26%)
128.18 USD (-1.06%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on EUR/JPY FULL0322 as long as the price remains well below 129.71 USD. The sellers' bearish objective is set at 129.21 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 128.18 USD. In case of crossing, the next objective would be the support located at 127.40 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

The EUR/JPY FULL0322 rating is 129.55 USD. The price registered a decrease of -0.17% on the session with the lowest point at 129.53 USD and the highest point at 130.14 USD. The deviation from the price is +0.02% for the low point and -0.45% for the high point.

129.53
130.14
129.55

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:

Technical


A technical analysis in 1H of this EUR/JPY FULL0322 chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 128.18 129.21 129.52 129.55 129.71 129.92 130.28
Change (%) -1.06% -0.26% -0.02% - +0.12% +0.29% +0.56%
Change -1.37 -0.34 -0.03 - +0.16 +0.37 +0.73
Level Intermediate Minor Minor - Intermediate Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard128.99129.26129.51129.78130.03130.30130.55
Camarilla129.63129.68129.72129.77129.82129.87129.91
Woodie128.99129.26129.51129.78130.03130.30130.55
Fibonacci129.26129.46129.58129.78129.98130.10130.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard128.01128.96129.67130.62131.33132.28132.99
Camarilla129.93130.09130.24130.39130.54130.69130.85
Woodie127.90128.90129.56130.56131.22132.22132.88
Fibonacci128.96129.59129.98130.62131.25131.64132.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard125.10126.32128.71129.93132.32133.54135.93
Camarilla130.10130.43130.76131.09131.42131.75132.08
Woodie125.68126.61129.29130.22132.90133.83136.51
Fibonacci126.32127.70128.55129.93131.31132.16133.54

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): 33.35
MACD (12,26,9): -0.0800
Directional Movement: -12.42
AROON (14): -50.00
DEMA (21): 129.69
Parabolic SAR (0,02-0,02-0,2): 130.04
Elder Ray (13): -0.19
Super Trend (3,10): 129.87
Zig ZAG (10): 129.58
VORTEX (21): 0.7800
Stochastique (14,3,5): 3.36
TEMA (21): 129.70
Williams %R (14): -88.52
Chande Momentum Oscillator (20): -0.22
Repulse (5,40,3): -0.0500
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.13
MA7: 130.34
MA20: 130.59
MA50: 129.57
MA100: 130.21
MAexp7: 129.69
MAexp20: 129.79
MAexp50: 129.96
MAexp100: 130.23
Price / MA7: -0.61%
Price / MA20: -0.80%
Price / MA50: -0.02%
Price / MA100: -0.51%
Price / MAexp7: -0.11%
Price / MAexp20: -0.18%
Price / MAexp50: -0.32%
Price / MAexp100: -0.52%

Quotes : - 10 min delayed data - Futures CME Globex