CHF/JPY
CHF JPY
85,243.85 JPY (-2.26%)
03/28/2025 - 07:58 Open Real time data - Forex
Open: 87,218.69
Change: -1,973.07
Volume: 30,977
Low: 85,135.13
High: 87,492.20
High / Low range: 2,357.07
Type: Forex
Ticker: CHFJPY
ISIN:

CHF/JPY - 15 min. - Technical analysis published on 10/31/2024 (GMT)

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  • 10/31/2024 - 17:02
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  • Timeframe : 15 min.
  • - Analysis generated on 10/31/2024 - 17:02
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 176.71 JPY
My targets
175.85 JPY (-0.28)
175.49 JPY (-0.64)
My analysis
CHF/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 176.71 JPY. The next support located at 175.85 JPY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 175.49 JPY. Below this support, sellers could then target 175.07 JPY. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.8

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 shadybhai. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

CHF/JPY rating 176.13 JPY. On the day, this instrument lost -0.41% and was between 175.61 JPY and 177.32 JPY. This implies that the price is at +0.30% from its lowest and at -0.67% from its highest.

175.61
177.32
176.13

A study of price movements over other periods shows the following variations:
Created with Raphaël 2.3.0-150153045January 1st3 years1 year6 months1 month5 daysToday
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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of CHF/JPY indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 15 minutes



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 172.40 173.99 175.07 176.13 177.24 179.74
Change (%) -2.12% -1.22% -0.60% - +0.63% +2.05%
Change -3.73 -2.14 -1.06 - +1.11 +3.61
Level Minor Intermediate Intermediate - Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard175.49175.85176.35176.71177.21177.57178.07
Camarilla176.62176.70176.78176.86176.94177.02177.10
Woodie175.57175.89176.43176.75177.29177.61178.15
Fibonacci175.85176.18176.38176.71177.04177.24177.57


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard169.08170.74173.22174.88177.36179.02181.50
Camarilla174.56174.94175.32175.70176.08176.46176.84
Woodie169.49170.95173.63175.09177.77179.23181.91
Fibonacci170.74172.32173.30174.88176.46177.44179.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard158.41161.85165.93169.37173.45176.89180.97
Camarilla167.93168.62169.31170.00170.69171.38172.07
Woodie158.72162.01166.24169.53173.76177.05181.28
Fibonacci161.85164.73166.50169.37172.25174.02176.89

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Sell10
Moving averages
Created with Raphaël 2.3.0Sell25

RSI (14): 44.86
MACD (12,26,9): -0.0500
Directional Movement: -10.33
AROON (14): -50.00
DEMA (21): 176.30
Parabolic SAR (0,02-0,02-0,2): 176.41
Elder Ray (13): -0.07
Super Trend (3,10): 176.67
Zig ZAG (10): 176.21
VORTEX (21): 0.9800
Stochastique (14,3,5): 33.95
TEMA (21): 176.26
Williams %R (14): -60.19
Chande Momentum Oscillator (20): -0.43
Repulse (5,40,3): 0.0400
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.40
MA7: 176.29
MA20: 174.43
MA50: 171.56
MA100: 173.29
MAexp7: 176.20
MAexp20: 176.34
MAexp50: 176.42
MAexp100: 176.54
Price / MA7: -0.09%
Price / MA20: +0.97%
Price / MA50: +2.66%
Price / MA100: +1.64%
Price / MAexp7: -0.05%
Price / MAexp20: -0.12%
Price / MAexp50: -0.17%
Price / MAexp100: -0.24%

Quotes : 10/31/2024 - 17:02 - 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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