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

CHF/JPY - 1H - Technical analysis published on 01/05/2024 (GMT)

  • 168
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 169.32 JPY
My targets
-
My analysis
The bullish trend is currently very strong on CHF/JPY. As long as the price remains above the support at 169.32 JPY, you could try to benefit from the boom. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 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
8

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.

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

Additional analysis

Quotes

The CHF/JPY price is 170.38 JPY. On the day, this instrument gained +0.06% with the lowest point at 170.19 JPY and the highest point at 170.55 JPY. The deviation from the price is +0.11% for the low point and -0.10% for the high point.

170.19
170.55
170.38

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 the following items:

Central Records

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


A technical analysis in 1H of this CHF/JPY chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 167.24 168.87 169.32 170.38 170.45
Change (%) -1.84% -0.89% -0.62% - +0.04%
Change -3.14 -1.51 -1.06 - +0.07
Level Intermediate Minor Minor - Major



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
Standard166.63167.42168.85169.64171.07171.86173.29
Camarilla169.67169.87170.08170.28170.48170.69170.89
Woodie166.95167.58169.17169.80171.39172.02173.61
Fibonacci167.42168.27168.79169.64170.49171.01171.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard167.49167.49167.49167.49167.49167.49167.49
Camarilla167.49167.49167.49167.49167.49167.49167.49
Woodie167.49167.49167.49167.49167.49167.49167.49
Fibonacci167.49167.49167.49167.49167.49167.49167.49


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard155.89159.04163.30166.45170.71173.86178.12
Camarilla165.53166.21166.89167.57168.25168.93169.61
Woodie156.46159.32163.87166.73171.28174.14178.69
Fibonacci159.04161.87163.62166.45169.28171.03173.86

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 70.29
MACD (12,26,9): 0.4100
Directional Movement: 18.64
AROON (14): 50.00
DEMA (21): 170.54
Parabolic SAR (0,02-0,02-0,2): 169.83
Elder Ray (13): 0.22
Super Trend (3,10): 169.63
Zig ZAG (10): 170.38
VORTEX (21): 1.2400
Stochastique (14,3,5): 82.51
TEMA (21): 170.55
Williams %R (14): -16.87
Chande Momentum Oscillator (20): 0.35
Repulse (5,40,3): 0.0600
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 0.70
MA7: 168.43
MA20: 166.77
MA50: 167.39
MA100: 166.22
MAexp7: 170.33
MAexp20: 169.96
MAexp50: 169.21
MAexp100: 168.56
Price / MA7: +1.16%
Price / MA20: +2.16%
Price / MA50: +1.79%
Price / MA100: +2.50%
Price / MAexp7: +0.03%
Price / MAexp20: +0.25%
Price / MAexp50: +0.69%
Price / MAexp100: +1.08%

Quotes : - Real time data - Forex

News


The last news published on CHF/JPY at the time of the generation of this analysis was as follows:

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

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Londinia
Londinia AI

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