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CAD/JPY
CAD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: CADJPY
ISIN:

CAD/JPY - 1H - Technical analysis published on 06/06/2024 (GMT)

  • 103
  • 0
  • 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: Slightly bearish
Technical indicators
44%
17%
39%
My opinion
Neutral between 113.46 JPY and 114.29 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 113.46 JPY. The first resistance is located at 114.29 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.

In the very short term, technical indicators are bullish 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.

dtaccori
This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The CAD/JPY rating is 113.94 JPY. On the day, this instrument gained +0.04% with the lowest point at 113.66 JPY and the highest point at 114.01 JPY. The deviation from the price is +0.25% for the low point and -0.06% for the high point.

113.66
114.01
113.94

Here is a more detailed summary of the historical variations registered by CAD/JPY:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of CAD/JPY in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 111.84 112.96 113.46 113.94 114.29 114.75 115.29
Change (%) -1.84% -0.86% -0.42% - +0.31% +0.71% +1.18%
Change -2.10 -0.98 -0.48 - +0.35 +0.81 +1.35
Level Intermediate Minor Intermediate - Intermediate Intermediate Minor



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
Standard112.56112.98113.44113.86114.32114.74115.20
Camarilla113.65113.73113.81113.89113.97114.05114.13
Woodie112.57112.99113.45113.87114.33114.75115.21
Fibonacci112.98113.32113.53113.86114.20114.41114.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard113.09113.58114.51115.00115.93116.42117.35
Camarilla115.05115.18115.31115.44115.57115.70115.83
Woodie113.31113.69114.73115.11116.15116.53117.57
Fibonacci113.58114.12114.46115.00115.54115.88116.42


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard108.66110.03112.74114.11116.82118.19120.90
Camarilla114.32114.69115.07115.44115.81116.19116.56
Woodie109.32110.37113.40114.45117.48118.53121.56
Fibonacci110.03111.59112.56114.11115.67116.64118.19

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): 54.77
MACD (12,26,9): 0.0100
Directional Movement: -3.44
AROON (14): -50.00
DEMA (21): 113.91
Parabolic SAR (0,02-0,02-0,2): 114.10
Elder Ray (13): 0.03
Super Trend (3,10): 113.64
Zig ZAG (10): 114.00
VORTEX (21): 0.9300
Stochastique (14,3,5): 50.41
TEMA (21): 113.93
Williams %R (14): -19.51
Chande Momentum Oscillator (20): 0.00
Repulse (5,40,3): 0.1500
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.23
MA7: 114.42
MA20: 114.46
MA50: 113.33
MA100: 111.95
MAexp7: 113.88
MAexp20: 113.89
MAexp50: 113.96
MAexp100: 114.18
Price / MA7: -0.42%
Price / MA20: -0.45%
Price / MA50: +0.54%
Price / MA100: +1.78%
Price / MAexp7: +0.05%
Price / MAexp20: +0.04%
Price / MAexp50: -0.02%
Price / MAexp100: -0.21%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on CAD/JPY. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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