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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 04/22/2024 (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: Neutral
Underlying: Bullish
Technical indicators
28%
33%
39%
My opinion
Bullish above 169.41 JPY
My targets
170.07 JPY (+0.27)
170.42 JPY (+0.62)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on CHF/JPY. As long as you are above the support located at 169.41 JPY, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 170.07 JPY would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 170.42 JPY as an objective. Crossing it would then enable buyers to target 170.74 JPY. If the support 169.41 JPY were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
2.3

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.

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

Additional analysis

Quotes

The CHF/JPY price is 169.80 JPY. The price registered an increase of +0.07% on the session and was traded between 169.68 JPY and 169.91 JPY over the period. The price is currently at +0.07% from its lowest and -0.06% from its highest.

169.68
169.91
169.80

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of CHF/JPY indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 7 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

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

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 167.45 168.50 169.41 169.80 170.07 170.42 170.74
Change (%) -1.38% -0.77% -0.23% - +0.16% +0.37% +0.55%
Change -2.35 -1.30 -0.39 - +0.27 +0.62 +0.94
Level Intermediate 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
Standard169.32169.50169.59169.77169.86170.04170.13
Camarilla169.62169.64169.67169.69169.72169.74169.76
Woodie169.29169.48169.56169.75169.83170.02170.10
Fibonacci169.50169.60169.66169.77169.87169.93170.04


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard164.68166.06167.97169.35171.26172.64174.55
Camarilla168.97169.27169.57169.87170.17170.47170.78
Woodie164.94166.19168.23169.48171.52172.77174.81
Fibonacci166.06167.32168.10169.35170.61171.39172.64


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard161.74164.16165.99168.41170.24172.66174.49
Camarilla166.66167.05167.44167.83168.22168.61169.00
Woodie161.46164.01165.71168.26169.96172.51174.21
Fibonacci164.16165.78166.78168.41170.03171.03172.66

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): 50.12
MACD (12,26,9): 0.0000
Directional Movement: 1.82
AROON (14): -85.72
DEMA (21): 169.88
Parabolic SAR (0,02-0,02-0,2): 170.25
Elder Ray (13): -0.06
Super Trend (3,10): 169.44
Zig ZAG (10): 169.85
VORTEX (21): 0.9700
Stochastique (14,3,5): 12.82
TEMA (21): 169.81
Williams %R (14): -75.00
Chande Momentum Oscillator (20): -0.32
Repulse (5,40,3): 0.0200
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.30
MA7: 169.56
MA20: 168.37
MA50: 169.03
MA100: 168.92
MAexp7: 169.81
MAexp20: 169.86
MAexp50: 169.76
MAexp100: 169.50
Price / MA7: +0.14%
Price / MA20: +0.85%
Price / MA50: +0.46%
Price / MA100: +0.52%
Price / MAexp7: -0.01%
Price / MAexp20: -0.04%
Price / MAexp50: +0.02%
Price / MAexp100: +0.18%

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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