CAD/JPY - 1H - Technical analysis published on 11/06/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Slightly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 79.54 JPY
My targets
78.76 JPY (-0.48)
78.22 JPY (-1.02)
My analysis
The bearish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade CAD/JPY with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 79.54 JPY. The next bearish objective for sellers is set at 78.76 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 78.22 JPY. In case of crossing, the next objective would be the support located at 77.91 JPY. In the event of a bullish break in the resistance located at 79.54 JPY a certain indecision would take hold.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
3.4
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This analysis was given by Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/JPY rating is 79.24 JPY. On the day, this instrument gained +0.06% with the lowest point at 79.16 JPY and the highest point at 79.34 JPY. The deviation from the price is +0.10% for the low point and -0.13% for the high point.79.16
79.34
79.24
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 CAD/JPY chart shows a slightly bearish trend. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend is not supported by the 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, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 78.22 | 78.76 | 79.23 | 79.24 | 79.54 | 79.71 | 79.89 |
| Change (%) | -1.29% | -0.61% | -0.01% | - | +0.38% | +0.59% | +0.82% |
| Change | -1.02 | -0.48 | -0.01 | - | +0.30 | +0.47 | +0.65 |
| Level | Minor | Major | Minor | - | Minor | Intermediate | Intermediate |
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 | 78.46 | 78.82 | 79.00 | 79.36 | 79.54 | 79.90 | 80.08 |
| Camarilla | 79.04 | 79.09 | 79.14 | 79.19 | 79.24 | 79.29 | 79.34 |
| Woodie | 78.38 | 78.78 | 78.92 | 79.32 | 79.46 | 79.86 | 80.00 |
| Fibonacci | 78.82 | 79.02 | 79.15 | 79.36 | 79.56 | 79.69 | 79.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.85 | 76.88 | 77.71 | 78.74 | 79.57 | 80.60 | 81.43 |
| Camarilla | 78.03 | 78.20 | 78.37 | 78.54 | 78.71 | 78.88 | 79.05 |
| Woodie | 75.75 | 76.83 | 77.61 | 78.69 | 79.47 | 80.55 | 81.33 |
| Fibonacci | 76.88 | 77.59 | 78.03 | 78.74 | 79.45 | 79.89 | 80.60 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.68 | 76.29 | 77.42 | 79.03 | 80.16 | 81.77 | 82.90 |
| Camarilla | 77.79 | 78.04 | 78.29 | 78.54 | 78.79 | 79.04 | 79.29 |
| Woodie | 74.43 | 76.17 | 77.17 | 78.91 | 79.91 | 81.65 | 82.65 |
| Fibonacci | 76.29 | 77.34 | 77.99 | 79.03 | 80.08 | 80.73 | 81.77 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.22 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -3.94 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 79.31 | |
| Parabolic SAR (0,02-0,02-0,2): | 79.60 | |
| Elder Ray (13): | -0.08 | |
| Super Trend (3,10): | 79.69 | |
| Zig ZAG (10): | 79.25 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 21.82 | |
| TEMA (21): | 79.26 | |
| Williams %R (14): | -82.22 | |
| Chande Momentum Oscillator (20): | -0.23 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.27 |
| MA7: | 79.15 | |
| MA20: | 79.54 | |
| MA50: | 79.76 | |
| MA100: | 79.60 | |
| MAexp7: | 79.30 | |
| MAexp20: | 79.35 | |
| MAexp50: | 79.35 | |
| MAexp100: | 79.26 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | -0.65% | |
| Price / MA100: | -0.45% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.14% | |
| Price / MAexp50: | -0.14% | |
| Price / MAexp100: | -0.03% |
Quotes :
2020-11-06 02:13:35
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Real time data
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Forex
News
The last news published on CAD/JPY at the time of the generation of this analysis was as follows:
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Harmony Stalking an Opportunity on CAD/JPY
This member declared not having a position on this financial instrument or a related financial instrument.
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