CHF/JPY

- JPY (-)

- Real time data - Forex

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	CHFJPY
ISIN:

CHF/JPY - Daily - Technical analysis published on 03/28/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

11%

67%

22%

My opinion

Bearish under 169.41 JPY

My targets

163.26 JPY (-3.84)

161.96 JPY (-5.14)

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 169.41 JPY. The sellers' bearish objective is set at 163.26 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 161.96 JPY. In case of crossing, the next objective would be the support located at 159.80 JPY.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

5.7

Comment on the analysis

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.

This analysis was given by OliVymous. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CHF/JPY rating is 167.10 JPY. On the day, this instrument gained +0.04% and was between 166.90 JPY and 167.32 JPY. This implies that the price is at +0.12% from its lowest and at -0.13% from its highest.

166.90

167.32

167.10

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CHF/JPY:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this CHF/JPY chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Daily

Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

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

Horizontal support is broken

Type : Bearish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	159.80	161.96	163.26	167.10	167.25	169.41	170.43
Change (%)	-4.37%	-3.08%	-2.30%	-	+0.09%	+1.38%	+1.99%
Change	-7.30	-5.14	-3.84	-	+0.15	+2.31	+3.33
Level	Minor	Intermediate	Major	-	Minor	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	164.98	165.77	166.41	167.20	167.84	168.63	169.27
Camarilla	166.65	166.78	166.91	167.04	167.17	167.30	167.43
Woodie	164.90	165.73	166.33	167.16	167.76	168.59	169.19
Fibonacci	165.77	166.32	166.66	167.20	167.75	168.09	168.63

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	164.42	166.13	167.41	169.12	170.40	172.11	173.39
Camarilla	167.88	168.15	168.43	168.70	168.97	169.25	169.52
Woodie	164.22	166.02	167.21	169.01	170.20	172.00	173.19
Fibonacci	166.13	167.27	167.97	169.12	170.26	170.96	172.11

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	166.29	167.77	168.73	170.21	171.17	172.65	173.61
Camarilla	169.01	169.23	169.46	169.68	169.90	170.13	170.35
Woodie	166.02	167.64	168.46	170.08	170.90	172.52	173.34
Fibonacci	167.77	168.71	169.28	170.21	171.15	171.72	172.65

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):	38.01
MACD (12,26,9):	-0.5800
Directional Movement:	-12.40
AROON (14):	-28.57
DEMA (21):	167.87
Parabolic SAR (0,02-0,02-0,2):	170.59
Elder Ray (13):	-1.15
Super Trend (3,10):	170.43
Zig ZAG (10):	167.11
VORTEX (21):	0.8300
Stochastique (14,3,5):	12.39
TEMA (21):	167.49
Williams %R (14):	-87.53
Chande Momentum Oscillator (20):	-1.11
Repulse (5,40,3):	-0.6000
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	0.88

MA7:	168.25
MA20:	168.53
MA50:	169.78
MA100:	168.94
MAexp7:	167.86
MAexp20:	168.59
MAexp50:	169.06
MAexp100:	168.27
Price / MA7:	-0.68%
Price / MA20:	-0.85%
Price / MA50:	-1.58%
Price / MA100:	-1.09%
Price / MAexp7:	-0.45%
Price / MAexp20:	-0.88%
Price / MAexp50:	-1.16%
Price / MAexp100:	-0.70%

Quotes : - Real time data - Forex

News

The latest news and videos published on CHF/JPY at the time of the analysis were as follows:

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

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