CHF/JPY - 15 min. - Technical analysis published on 01/08/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
33%
44%
My opinion
Bearish under 170.38 JPY
My targets
169.88 JPY (-0.23)
169.66 JPY (-0.45)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CHF/JPY as long as the price remains well below 170.38 JPY. The sellers' bearish objective is set at 169.88 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 169.66 JPY. In case of crossing, the next objective would be the support located at 169.38 JPY.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5
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This analysis was given by MikeBMVP. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/JPY rating is 170.11 JPY. The price has increased by +0.01% since the last closing with the lowest point at 170.08 JPY and the highest point at 170.18 JPY. The deviation from the price is +0.02% for the low point and -0.04% for the high point.170.08
170.18
170.11
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 (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of CHF/JPY indicates that the overall trend is bearish. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 8 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 167.24 | 168.85 | 169.91 | 170.11 | 170.45 |
| Change (%) | -1.69% | -0.74% | -0.12% | - | +0.20% |
| Change | -2.87 | -1.26 | -0.20 | - | +0.34 |
| Level | Major | Major | Minor | - | Major |
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 | 169.38 | 169.66 | 169.88 | 170.16 | 170.38 | 170.66 | 170.88 |
| Camarilla | 169.96 | 170.01 | 170.05 | 170.10 | 170.15 | 170.19 | 170.24 |
| Woodie | 169.35 | 169.65 | 169.85 | 170.15 | 170.35 | 170.65 | 170.85 |
| Fibonacci | 169.66 | 169.85 | 169.97 | 170.16 | 170.35 | 170.47 | 170.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 163.71 | 165.25 | 167.72 | 169.26 | 171.73 | 173.27 | 175.74 |
| Camarilla | 169.08 | 169.45 | 169.81 | 170.18 | 170.55 | 170.92 | 171.28 |
| Woodie | 164.17 | 165.48 | 168.18 | 169.49 | 172.19 | 173.50 | 176.20 |
| Fibonacci | 165.25 | 166.79 | 167.73 | 169.26 | 170.80 | 171.74 | 173.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 155.89 | 159.04 | 163.30 | 166.45 | 170.71 | 173.86 | 178.12 |
| Camarilla | 165.53 | 166.21 | 166.89 | 167.57 | 168.25 | 168.93 | 169.61 |
| Woodie | 156.46 | 159.32 | 163.87 | 166.73 | 171.28 | 174.14 | 178.69 |
| Fibonacci | 159.04 | 161.87 | 163.62 | 166.45 | 169.28 | 171.03 | 173.86 |
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): | 45.97 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -9.22 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 170.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 170.39 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 170.50 | |
| Zig ZAG (10): | 170.16 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 35.33 | |
| TEMA (21): | 170.11 | |
| Williams %R (14): | -60.00 | |
| Chande Momentum Oscillator (20): | -0.15 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.12 |
| MA7: | 169.13 | |
| MA20: | 167.02 | |
| MA50: | 167.49 | |
| MA100: | 166.27 | |
| MAexp7: | 170.13 | |
| MAexp20: | 170.19 | |
| MAexp50: | 170.24 | |
| MAexp100: | 170.17 | |
| Price / MA7: | +0.58% | |
| Price / MA20: | +1.85% | |
| Price / MA50: | +1.56% | |
| Price / MA100: | +2.31% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.05% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.04% |
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:
-
CHF/JPY Forecast October 5, 2022
-
CHFJPY Potential Swing to the Long Side
-
CHF JPY: Set for another move lower?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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