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CHF/JPY
CHF JPY
- JPY (-)
- Real time data - Forex
Open: -
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Type: Forex
Ticker: CHFJPY
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CHF/JPY - 1H - Technical analysis published on 02/15/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - 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: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 170.07 JPY
My targets
171.02 JPY (+0.64)
171.42 JPY (+1.04)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on CHF/JPY as long as the price remains well above 170.07 JPY. The buyers' bullish objective is set at 171.02 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 171.42 JPY.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
6.1

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.

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

Additional analysis

Quotes

CHF/JPY rating 170.38 JPY. The price has increased by +0.18% since the last closing and was between 169.55 JPY and 170.59 JPY. This implies that the price is at +0.49% from its lowest and at -0.12% from its highest.

169.55
170.59
170.38

A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this CHF/JPY chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 169.46 169.68 170.07 170.38 170.42 171.02 171.42
Change (%) -0.54% -0.41% -0.18% - +0.02% +0.38% +0.61%
Change -0.92 -0.70 -0.31 - +0.04 +0.64 +1.04
Level Intermediate Minor Major - Major Intermediate Minor



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
Standard169.03169.24169.66169.87170.29170.50170.92
Camarilla169.90169.96170.01170.07170.13170.19170.24
Woodie169.13169.29169.76169.92170.39170.55171.02
Fibonacci169.24169.48169.63169.87170.11170.26170.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard167.34168.30169.50170.46171.66172.62173.82
Camarilla170.11170.30170.50170.70170.90171.10171.29
Woodie167.46168.36169.62170.52171.78172.68173.94
Fibonacci168.30169.13169.64170.46171.29171.80172.62


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard162.53164.67167.56169.70172.59174.73177.62
Camarilla169.08169.54170.00170.46170.92171.38171.84
Woodie162.92164.86167.95169.89172.98174.92178.01
Fibonacci164.67166.59167.78169.70171.62172.81174.73

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): 63.97
MACD (12,26,9): 0.1500
Directional Movement: 15.74
AROON (14): 78.57
DEMA (21): 170.25
Parabolic SAR (0,02-0,02-0,2): 169.94
Elder Ray (13): 0.22
Super Trend (3,10): 169.85
Zig ZAG (10): 170.37
VORTEX (21): 1.0900
Stochastique (14,3,5): 86.54
TEMA (21): 170.41
Williams %R (14): -18.27
Chande Momentum Oscillator (20): 0.71
Repulse (5,40,3): 0.0200
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.67
MA7: 170.27
MA20: 170.57
MA50: 168.87
MA100: 167.79
MAexp7: 170.32
MAexp20: 170.10
MAexp50: 170.03
MAexp100: 170.12
Price / MA7: +0.06%
Price / MA20: -0.11%
Price / MA50: +0.89%
Price / MA100: +1.54%
Price / MAexp7: +0.04%
Price / MAexp20: +0.17%
Price / MAexp50: +0.21%
Price / MAexp100: +0.16%

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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