CAD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	CADJPY
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CAD/JPY - 15 min. - Technical analysis published on 10/28/2024 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 109.94 JPY

My targets

109.65 JPY (-0.22)

109.36 JPY (-0.51)

My analysis

In the short term, we can see an acceleration in the bearish trend on CAD/JPY, which is a positive signal for sellers. As long as the price remains above 109.94 JPY, a sale could be considered. The first bearish objective is located at 109.65 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 109.36 JPY as an objective. Crossing it would then enable sellers to target 109.07 JPY. If the price were to return above 109.94 JPY, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

4.5

Comment on the 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.

This analysis was given by shadybhai. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CAD/JPY rating is 109.87 JPY. The price registered an increase of +0.19% on the session and was between 109.76 JPY and 110.73 JPY. This implies that the price is at +0.10% from its lowest and at -0.78% from its highest.

109.76

110.73

109.87

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 15 min. chart of CAD/JPY indicates that the overall trend is bearish. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong 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.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 15 minutes

Support of channel is broken

Type : Bearish

Timeframe : 15 minutes

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	108.47	108.78	109.35	109.87	109.98	110.65	112.09
Change (%)	-1.27%	-0.99%	-0.47%	-	+0.10%	+0.71%	+2.02%
Change	-1.40	-1.09	-0.52	-	+0.11	+0.78	+2.22
Level	Minor	Major	Minor	-	Major	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	108.78	109.07	109.36	109.65	109.94	110.23	110.52
Camarilla	109.50	109.55	109.61	109.66	109.71	109.77	109.82
Woodie	108.79	109.07	109.37	109.65	109.95	110.23	110.53
Fibonacci	109.07	109.29	109.43	109.65	109.87	110.01	110.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	105.56	106.77	108.22	109.43	110.88	112.09	113.54
Camarilla	108.93	109.17	109.42	109.66	109.90	110.15	110.39
Woodie	105.67	106.83	108.33	109.49	110.99	112.15	113.65
Fibonacci	106.77	107.79	108.42	109.43	110.45	111.08	112.09

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.78	99.79	103.03	106.04	109.28	112.29	115.53
Camarilla	104.54	105.11	105.69	106.26	106.83	107.41	107.98
Woodie	96.89	99.85	103.14	106.10	109.39	112.35	115.64
Fibonacci	99.79	102.18	103.66	106.04	108.43	109.91	112.29

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):	33.38
MACD (12,26,9):	-0.1400
Directional Movement:	-17.34
AROON (14):	-71.43
DEMA (21):	109.93
Parabolic SAR (0,02-0,02-0,2):	109.94
Elder Ray (13):	-0.12
Super Trend (3,10):	110.13
Zig ZAG (10):	109.92
VORTEX (21):	0.7800
Stochastique (14,3,5):	19.27
TEMA (21):	109.80
Williams %R (14):	-76.47
Chande Momentum Oscillator (20):	-0.43
Repulse (5,40,3):	0.0800
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.89

MA7:	109.45
MA20:	108.80
MA50:	107.22
MA100:	110.15
MAexp7:	109.92
MAexp20:	110.09
MAexp50:	110.17
MAexp100:	110.09
Price / MA7:	+0.38%
Price / MA20:	+0.98%
Price / MA50:	+2.47%
Price / MA100:	-0.25%
Price / MAexp7:	-0.05%
Price / MAexp20:	-0.20%
Price / MAexp50:	-0.27%
Price / MAexp100:	-0.20%

Quotes : - Real time data - Forex

News

The latest news and videos published on CAD/JPY at the time of the analysis were as follows:

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

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