CAD/JPY - 15 min. - Technical analysis published on 01/14/2025 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 109.30 JPY
My targets
110.20 JPY (+0.08)
110.76 JPY (+0.64)
My analysis
CAD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 109.30 JPY. The next resistance located at 110.20 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 110.76 JPY. After this resistance, buyers could then target 111.27 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Goncalo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CAD/JPY rating is 110.12 JPY. The price has increased by +0.56% since the last closing and was traded between 109.24 JPY and 110.16 JPY over the period. The price is currently at +0.81% from its lowest and -0.04% from its highest.109.24
110.16
110.12
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this CAD/JPY chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 109.49 | 109.66 | 109.98 | 110.12 | 110.19 | 110.46 | 111.27 |
| Change (%) | -0.57% | -0.42% | -0.13% | - | +0.06% | +0.31% | +1.04% |
| Change | -0.63 | -0.46 | -0.14 | - | +0.07 | +0.34 | +1.15 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.06 | 108.40 | 108.96 | 109.30 | 109.86 | 110.20 | 110.76 |
| Camarilla | 109.26 | 109.35 | 109.43 | 109.51 | 109.59 | 109.68 | 109.76 |
| Woodie | 108.16 | 108.46 | 109.06 | 109.36 | 109.96 | 110.26 | 110.86 |
| Fibonacci | 108.40 | 108.75 | 108.96 | 109.30 | 109.65 | 109.86 | 110.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.95 | 107.87 | 108.62 | 109.54 | 110.29 | 111.21 | 111.96 |
| Camarilla | 108.91 | 109.06 | 109.22 | 109.37 | 109.52 | 109.68 | 109.83 |
| Woodie | 106.87 | 107.83 | 108.54 | 109.50 | 110.21 | 111.17 | 111.88 |
| Fibonacci | 107.87 | 108.51 | 108.90 | 109.54 | 110.18 | 110.57 | 111.21 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.62 | 104.19 | 106.78 | 108.35 | 110.94 | 112.51 | 115.10 |
| Camarilla | 108.24 | 108.62 | 109.00 | 109.38 | 109.76 | 110.14 | 110.52 |
| Woodie | 103.14 | 104.45 | 107.30 | 108.61 | 111.46 | 112.77 | 115.62 |
| Fibonacci | 104.19 | 105.78 | 106.76 | 108.35 | 109.94 | 110.92 | 112.51 |
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): | 57.06 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 0.77 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 110.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.93 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 109.88 | |
| Zig ZAG (10): | 110.06 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 64.29 | |
| TEMA (21): | 110.08 | |
| Williams %R (14): | -32.14 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.14 |
| MA7: | 109.84 | |
| MA20: | 109.22 | |
| MA50: | 109.03 | |
| MA100: | 108.24 | |
| MAexp7: | 110.08 | |
| MAexp20: | 110.04 | |
| MAexp50: | 109.94 | |
| MAexp100: | 109.79 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | +0.82% | |
| Price / MA50: | +1.00% | |
| Price / MA100: | +1.74% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.07% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.30% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on CAD/JPY at the time of the analysis were as follows:
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CAD/JPY Forecast December 11, 2024
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CAD/JPY Forecast November 29, 2024
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CAD/JPY Forecast November 22, 2024
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CAD/JPY Forecast November 14, 2024
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CAD/JPY Forecast November 7, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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