CHF/JPY - 15 min. - Technical analysis published on 05/02/2023 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 154.15 JPY
My targets
152.59 JPY (-0.57)
151.61 JPY (-1.55)
My analysis
The bearish trend is currently very strong for CHF/JPY. As long as the price remains below the resistance at 154.15 JPY, you could try to take advantage of the bearish rally. The first bearish objective is located at 152.59 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 151.61 JPY as an objective. Crossing it would then enable sellers to target 151.03 JPY. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
4.5
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Additional analysis
Quotes
The CHF/JPY price is 153.16 JPY. The price is lower by -0.27% since the last closing and was between 152.77 JPY and 153.97 JPY. This implies that the price is at +0.26% from its lowest and at -0.53% from its highest.152.77
153.97
153.16
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of CHF/JPY in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish 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.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
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
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 149.54 | 150.38 | 151.52 | 153.16 | 153.18 | 153.59 |
| Change (%) | -2.36% | -1.82% | -1.07% | - | +0.01% | +0.28% |
| Change | -3.62 | -2.78 | -1.64 | - | +0.02 | +0.43 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 151.03 | 151.61 | 152.59 | 153.17 | 154.15 | 154.73 | 155.71 |
| Camarilla | 153.14 | 153.28 | 153.43 | 153.57 | 153.71 | 153.86 | 154.00 |
| Woodie | 151.23 | 151.71 | 152.79 | 153.27 | 154.35 | 154.83 | 155.91 |
| Fibonacci | 151.61 | 152.21 | 152.57 | 153.17 | 153.77 | 154.13 | 154.73 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 145.84 | 147.47 | 149.92 | 151.55 | 154.00 | 155.63 | 158.08 |
| Camarilla | 151.24 | 151.61 | 151.99 | 152.36 | 152.73 | 153.11 | 153.48 |
| Woodie | 146.24 | 147.68 | 150.32 | 151.76 | 154.40 | 155.84 | 158.48 |
| Fibonacci | 147.47 | 149.03 | 150.00 | 151.55 | 153.11 | 154.08 | 155.63 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 137.75 | 141.01 | 146.68 | 149.94 | 155.61 | 158.87 | 164.54 |
| Camarilla | 149.90 | 150.72 | 151.54 | 152.36 | 153.18 | 154.00 | 154.82 |
| Woodie | 138.97 | 141.61 | 147.90 | 150.54 | 156.83 | 159.47 | 165.76 |
| Fibonacci | 141.01 | 144.42 | 146.53 | 149.94 | 153.35 | 155.46 | 158.87 |
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): | 40.99 | |
| MACD (12,26,9): | -0.1200 | |
| Directional Movement: | -6.44 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 153.03 | |
| Parabolic SAR (0,02-0,02-0,2): | 152.78 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 153.56 | |
| Zig ZAG (10): | 153.14 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 57.04 | |
| TEMA (21): | 152.99 | |
| Williams %R (14): | -31.37 | |
| Chande Momentum Oscillator (20): | -0.04 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.41 |
| MA7: | 151.37 | |
| MA20: | 149.37 | |
| MA50: | 146.46 | |
| MA100: | 144.51 | |
| MAexp7: | 153.10 | |
| MAexp20: | 153.19 | |
| MAexp50: | 153.34 | |
| MAexp100: | 153.27 | |
| Price / MA7: | +1.18% | |
| Price / MA20: | +2.54% | |
| Price / MA50: | +4.57% | |
| Price / MA100: | +5.99% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.13% | |
| Price / MAexp100: | -0.08% |
Quotes :
-
Real time data
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Forex
News
The last news published on CHF/JPY at the time of the generation of this analysis was as follows:
-
CHF/JPY Forecast October 5, 2022
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CHFJPY Potential Swing to the Long Side
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CHF JPY: Set for another move lower?
This member declared not having a position on this financial instrument or a related financial instrument.
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