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EUR/JPY
EUR JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: EURJPY
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EUR/JPY - 15 min. - Technical analysis published on 10/15/2024 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bearish
Technical indicators
61%
0%
39%
My opinion
Neutral between 162.56 JPY and 163.28 JPY
My targets
-
My analysis
The strong short-term increase on EUR/JPY is in contrast to the bearish trend. Buyers are trying to regain control of the asset and a reversal of the trend could be possible. It would be interesting to understand what caused such a rebound. Has an economic announcement impacting the basics been published? As long as the price remains above 162.56 JPY, you could take advantage of the short-term boom. The first bullish objective would be 163.28 JPY. Then the price could move towards 163.66 JPY. Then 164.00 JPY by extension. Attention should be paid to the reaction of the price on these resistances to see if the sellers show up. Be careful, a return below 162.56 JPY could be a sign of a reversal of the bearish trend.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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.

MikeBMVP
This analysis was given by MikeBMVP. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The EUR/JPY price is 162.92 JPY. The price is lower by -0.25% since the last closing with the lowest point at 162.37 JPY and the highest point at 163.36 JPY. The deviation from the price is +0.34% for the low point and -0.27% for the high point.

162.37
163.36
162.92

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of EUR/JPY indicates that the overall trend is bearish. 64.29% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this trend could quickly be called into question. A phase of indecision or a reversal of the trend could occur. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 15 minutes



In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes


Williams %R indicator is overbought : over -20

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


RSI indicator is back over 50

Type : Bullish

Timeframe : 15 minutes


Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 15 minutes



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 161.37 162.17 162.89 162.92 163.61 164.13 169.54
Change (%) -0.95% -0.46% -0.02% - +0.42% +0.74% +4.06%
Change -1.55 -0.75 -0.03 - +0.69 +1.21 +6.62
Level Minor Intermediate Intermediate - Intermediate Intermediate Major



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
Standard162.22162.56162.94163.28163.66164.00164.38
Camarilla163.13163.20163.26163.33163.40163.46163.53
Woodie162.25162.57162.97163.29163.69164.01164.41
Fibonacci162.56162.83163.00163.28163.55163.72164.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard160.46161.18162.16162.88163.86164.58165.56
Camarilla162.66162.82162.97163.13163.29163.44163.60
Woodie160.58161.25162.28162.95163.98164.65165.68
Fibonacci161.18161.83162.23162.88163.53163.93164.58


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard147.30151.22155.64159.56163.98167.90172.32
Camarilla157.76158.52159.29160.05160.82161.58162.34
Woodie147.54151.35155.88159.69164.22168.03172.56
Fibonacci151.22154.41156.38159.56162.75164.72167.90

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): 50.17
MACD (12,26,9): -0.0600
Directional Movement: -1.44
AROON (14): -28.57
DEMA (21): 162.59
Parabolic SAR (0,02-0,02-0,2): 162.38
Elder Ray (13): 0.08
Super Trend (3,10): 162.87
Zig ZAG (10): 162.77
VORTEX (21): 1.0200
Stochastique (14,3,5): 78.01
TEMA (21): 162.65
Williams %R (14): -4.26
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): 0.1200
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.05
MA7: 162.90
MA20: 161.33
MA50: 160.65
MA100: 165.12
MAexp7: 162.70
MAexp20: 162.68
MAexp50: 162.85
MAexp100: 162.98
Price / MA7: +0.01%
Price / MA20: +0.99%
Price / MA50: +1.41%
Price / MA100: -1.33%
Price / MAexp7: +0.14%
Price / MAexp20: +0.15%
Price / MAexp50: +0.04%
Price / MAexp100: -0.04%

Quotes : - Real time data - Forex

News


Don't forget to follow the news on EUR/JPY. At the time of publication of this analysis, the latest news was as follows:

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

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