CHF/JPY - Daily - Technical analysis published on 04/09/2024 (GMT)
- 83
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
33%
17%
50%
My opinion
Neutral between 167.25 JPY and 169.41 JPY
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 167.25 JPY. The first resistance is located at 169.41 JPY. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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.
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Additional analysis
Quotes
The CHF/JPY price is 168.20 JPY. On the day, this instrument gained +0.26% and was traded between 167.65 JPY and 168.39 JPY over the period. The price is currently at +0.33% from its lowest and -0.11% from its highest.167.65
168.39
168.20
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHF/JPY:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this CHF/JPY chart shows a slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 6 are bullish, 9 are neutral and 3 are bearish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 163.26 | 165.28 | 167.25 | 168.20 | 169.41 | 170.43 | 171.44 |
Change (%) | -2.94% | -1.74% | -0.56% | - | +0.72% | +1.33% | +1.93% |
Change | -4.94 | -2.92 | -0.95 | - | +1.21 | +2.23 | +3.24 |
Level | Major | Minor | Major | - | Minor | Minor | Major |
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 |
---|---|---|---|---|---|---|---|
Standard | 166.69 | 167.11 | 167.44 | 167.86 | 168.19 | 168.61 | 168.94 |
Camarilla | 167.56 | 167.63 | 167.70 | 167.77 | 167.84 | 167.91 | 167.98 |
Woodie | 166.65 | 167.09 | 167.40 | 167.84 | 168.15 | 168.59 | 168.90 |
Fibonacci | 167.11 | 167.40 | 167.57 | 167.86 | 168.15 | 168.32 | 168.61 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 165.37 | 166.07 | 167.10 | 167.80 | 168.83 | 169.53 | 170.56 |
Camarilla | 167.66 | 167.82 | 167.98 | 168.14 | 168.30 | 168.46 | 168.62 |
Woodie | 165.55 | 166.15 | 167.28 | 167.88 | 169.01 | 169.61 | 170.74 |
Fibonacci | 166.07 | 166.73 | 167.14 | 167.80 | 168.46 | 168.87 | 169.53 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 161.74 | 164.16 | 165.99 | 168.41 | 170.24 | 172.66 | 174.49 |
Camarilla | 166.66 | 167.05 | 167.44 | 167.83 | 168.22 | 168.61 | 169.00 |
Woodie | 161.46 | 164.01 | 165.71 | 168.26 | 169.96 | 172.51 | 174.21 |
Fibonacci | 164.16 | 165.78 | 166.78 | 168.41 | 170.03 | 171.03 | 172.66 |
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): | 49.65 | |
MACD (12,26,9): | -0.3800 | |
Directional Movement: | -4.83 | |
AROON (14): | -28.57 | |
DEMA (21): | 167.64 | |
Parabolic SAR (0,02-0,02-0,2): | 169.47 | |
Elder Ray (13): | 0.01 | |
Super Trend (3,10): | 170.32 | |
Zig ZAG (10): | 168.27 | |
VORTEX (21): | 1.0200 | |
Stochastique (14,3,5): | 34.90 | |
TEMA (21): | 167.58 | |
Williams %R (14): | -60.47 | |
Chande Momentum Oscillator (20): | -0.42 | |
Repulse (5,40,3): | 0.5300 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0400 | |
Courbe Coppock: | 1.12 |
MA7: | 167.76 | |
MA20: | 168.16 | |
MA50: | 169.32 | |
MA100: | 168.88 | |
MAexp7: | 167.94 | |
MAexp20: | 168.21 | |
MAexp50: | 168.74 | |
MAexp100: | 168.22 | |
Price / MA7: | +0.26% | |
Price / MA20: | +0.02% | |
Price / MA50: | -0.66% | |
Price / MA100: | -0.40% | |
Price / MAexp7: | +0.15% | |
Price / MAexp20: | -0.01% | |
Price / MAexp50: | -0.32% | |
Price / MAexp100: | -0.01% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on CHF/JPY at the time of the analysis were as follows:
- CHF/JPY Forecast February 26, 2024
- CHF/JPY Forecast October 5, 2022
- CHFJPY Potential Swing to the Long Side
- CHF JPY: Set for another move lower?
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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