JPY/MXN - 1H - Technical analysis published on 08/18/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
28%
28%
44%
My opinion
Neutral between 0.11708 MXN and 0.11829 MXN
My targets
-
My analysis
There is no clear trend on JPY/MXN either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 0.11829 MXN. The first support is located at 0.11708 MXN.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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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/MXN price is 0.11735 MXN. The price is lower by -0.01% since the last closing and was between 0.11727 MXN and 0.11791 MXN. This implies that the price is at +0.07% from its lowest and at -0.47% from its highest.0.11727
0.11791
0.11735
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of JPY/MXN indicates that the overall trend is not clearly defined. This generally neutral trend is confirmed by the neutral signals currently given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.11532 | 0.11675 | 0.11708 | 0.11735 | 0.11829 | 0.11908 | 0.11985 |
| Change (%) | -1.73% | -0.51% | -0.23% | - | +0.80% | +1.47% | +2.13% |
| Change | -0.00203 | -0.00060 | -0.00027 | - | +0.00094 | +0.00173 | +0.00250 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Minor |
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 | 0.11606 | 0.11645 | 0.11691 | 0.11730 | 0.11776 | 0.11815 | 0.11861 |
| Camarilla | 0.11713 | 0.11720 | 0.11728 | 0.11736 | 0.11744 | 0.11752 | 0.11759 |
| Woodie | 0.11609 | 0.11647 | 0.11694 | 0.11732 | 0.11779 | 0.11817 | 0.11864 |
| Fibonacci | 0.11645 | 0.11678 | 0.11698 | 0.11730 | 0.11763 | 0.11783 | 0.11815 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.11220 | 0.11464 | 0.11599 | 0.11843 | 0.11978 | 0.12222 | 0.12357 |
| Camarilla | 0.11629 | 0.11664 | 0.11698 | 0.11733 | 0.11768 | 0.11803 | 0.11837 |
| Woodie | 0.11165 | 0.11437 | 0.11544 | 0.11816 | 0.11923 | 0.12195 | 0.12302 |
| Fibonacci | 0.11464 | 0.11609 | 0.11699 | 0.11843 | 0.11988 | 0.12078 | 0.12222 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.10979 | 0.11341 | 0.11556 | 0.11918 | 0.12133 | 0.12495 | 0.12710 |
| Camarilla | 0.11612 | 0.11665 | 0.11718 | 0.11771 | 0.11824 | 0.11877 | 0.11930 |
| Woodie | 0.10906 | 0.11304 | 0.11483 | 0.11881 | 0.12060 | 0.12458 | 0.12637 |
| Fibonacci | 0.11341 | 0.11561 | 0.11698 | 0.11918 | 0.12138 | 0.12275 | 0.12495 |
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): | 53.81 | |
| MACD (12,26,9): | 0.0001 | |
| Directional Movement: | 7.67893 | |
| AROON (14): | 50.00000 | |
| DEMA (21): | 0.11752 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.11727 | |
| Elder Ray (13): | 0.00001 | |
| Super Trend (3,10): | 0.11768 | |
| Zig ZAG (10): | 0.11748 | |
| VORTEX (21): | 1.0455 | |
| Stochastique (14,3,5): | 32.29 | |
| TEMA (21): | 0.11754 | |
| Williams %R (14): | -70.31 | |
| Chande Momentum Oscillator (20): | 0.00006 | |
| Repulse (5,40,3): | -0.0966 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0078 | |
| Courbe Coppock: | 0.24 |
| MA7: | 0.11746 | |
| MA20: | 0.11879 | |
| MA50: | 0.11973 | |
| MA100: | 0.12548 | |
| MAexp7: | 0.11748 | |
| MAexp20: | 0.11745 | |
| MAexp50: | 0.11740 | |
| MAexp100: | 0.11753 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -1.21% | |
| Price / MA50: | -1.99% | |
| Price / MA100: | -6.48% | |
| Price / MAexp7: | -0.11% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.15% |
Quotes :
-
Real time data
-
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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