CHF/JPY - 15 min. - Technical analysis published on 02/15/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 169.87 JPY
My targets
170.50 JPY (+0.11)
170.92 JPY (+0.53)
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 169.87 JPY. The buyers' bullish objective is set at 170.50 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 170.92 JPY. If there is any crossing, the next objective would be the resistance located at 171.02 JPY. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are opposing the general bullish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.1
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHF/JPY rating is 170.39 JPY. The price registered an increase of +0.19% on the session and was traded between 169.55 JPY and 170.59 JPY over the period. The price is currently at +0.50% from its lowest and -0.12% from its highest.169.55
170.59
170.39
Here is a more detailed summary of the historical variations registered by CHF/JPY:
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
Technical analysis of CHF/JPY in 15 min. shows a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 15 minutes
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
In fact, according to the parameters integrated into the Central Analyzer system, only 8 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Aroon indicator bearish trend
Type : Bearish
Timeframe : 15 minutes
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 169.46 | 169.68 | 170.07 | 170.39 | 170.42 | 171.02 | 171.42 |
| Change (%) | -0.55% | -0.42% | -0.19% | - | +0.02% | +0.37% | +0.60% |
| Change | -0.93 | -0.71 | -0.32 | - | +0.03 | +0.63 | +1.03 |
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 169.03 | 169.24 | 169.66 | 169.87 | 170.29 | 170.50 | 170.92 |
| Camarilla | 169.90 | 169.96 | 170.01 | 170.07 | 170.13 | 170.19 | 170.24 |
| Woodie | 169.13 | 169.29 | 169.76 | 169.92 | 170.39 | 170.55 | 171.02 |
| Fibonacci | 169.24 | 169.48 | 169.63 | 169.87 | 170.11 | 170.26 | 170.50 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 167.34 | 168.30 | 169.50 | 170.46 | 171.66 | 172.62 | 173.82 |
| Camarilla | 170.11 | 170.30 | 170.50 | 170.70 | 170.90 | 171.10 | 171.29 |
| Woodie | 167.46 | 168.36 | 169.62 | 170.52 | 171.78 | 172.68 | 173.94 |
| Fibonacci | 168.30 | 169.13 | 169.64 | 170.46 | 171.29 | 171.80 | 172.62 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 162.53 | 164.67 | 167.56 | 169.70 | 172.59 | 174.73 | 177.62 |
| Camarilla | 169.08 | 169.54 | 170.00 | 170.46 | 170.92 | 171.38 | 171.84 |
| Woodie | 162.92 | 164.86 | 167.95 | 169.89 | 172.98 | 174.92 | 178.01 |
| Fibonacci | 164.67 | 166.59 | 167.78 | 169.70 | 171.62 | 172.81 | 174.73 |
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): | 55.18 | |
| MACD (12,26,9): | 0.1000 | |
| Directional Movement: | 6.96 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 170.51 | |
| Parabolic SAR (0,02-0,02-0,2): | 170.57 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 170.09 | |
| Zig ZAG (10): | 170.35 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 20.08 | |
| TEMA (21): | 170.50 | |
| Williams %R (14): | -87.50 | |
| Chande Momentum Oscillator (20): | -0.18 | |
| Repulse (5,40,3): | -0.0300 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.09 |
| MA7: | 170.27 | |
| MA20: | 170.57 | |
| MA50: | 168.87 | |
| MA100: | 167.79 | |
| MAexp7: | 170.43 | |
| MAexp20: | 170.37 | |
| MAexp50: | 170.18 | |
| MAexp100: | 170.05 | |
| Price / MA7: | +0.07% | |
| Price / MA20: | -0.11% | |
| Price / MA50: | +0.90% | |
| Price / MA100: | +1.55% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.20% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on CHF/JPY at the time of the analysis were as follows:
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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.
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