EUR/JPY - 15 min. - Technical analysis published on 10/25/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
22%
39%
My opinion
Bullish above 164.28 JPY
My targets
164.76 JPY (+0.15)
165.23 JPY (+0.62)
My analysis
The bullish trend is currently very strong on EUR/JPY. As long as the price remains above the support at 164.28 JPY, you could try to benefit from the boom. The first bullish objective is located at 164.76 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 165.23 JPY as an objective. Crossing it would then enable buyers to target 165.71 JPY. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
6.6
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Additional analysis
Quotes
EUR/JPY rating 164.61 JPY. On the day, this instrument gained +0.20% with the lowest point at 163.94 JPY and the highest point at 164.79 JPY. The deviation from the price is +0.41% for the low point and -0.11% for the high point.163.94
164.79
164.61
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EUR/JPY:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EUR/JPY in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
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:
Near resistance of channel
Type : Bearish
Timeframe : 15 minutes
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 | 163.88 | 164.13 | 164.48 | 164.61 | 164.76 | 165.02 | 169.54 |
| Change (%) | -0.44% | -0.29% | -0.08% | - | +0.09% | +0.25% | +2.99% |
| Change | -0.73 | -0.48 | -0.13 | - | +0.15 | +0.41 | +4.93 |
| Level | Minor | Major | Major | - | Minor | Intermediate | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 162.86 | 163.33 | 163.81 | 164.28 | 164.76 | 165.23 | 165.71 |
| Camarilla | 164.03 | 164.12 | 164.20 | 164.29 | 164.38 | 164.46 | 164.55 |
| Woodie | 162.87 | 163.33 | 163.82 | 164.28 | 164.77 | 165.23 | 165.72 |
| Fibonacci | 163.33 | 163.69 | 163.92 | 164.28 | 164.64 | 164.87 | 165.23 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 159.92 | 160.89 | 161.68 | 162.65 | 163.44 | 164.41 | 165.20 |
| Camarilla | 162.00 | 162.16 | 162.32 | 162.48 | 162.64 | 162.80 | 162.96 |
| Woodie | 159.84 | 160.85 | 161.60 | 162.61 | 163.36 | 164.37 | 165.12 |
| Fibonacci | 160.89 | 161.56 | 161.97 | 162.65 | 163.32 | 163.73 | 164.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.30 | 151.22 | 155.64 | 159.56 | 163.98 | 167.90 | 172.32 |
| Camarilla | 157.76 | 158.52 | 159.29 | 160.05 | 160.82 | 161.58 | 162.34 |
| Woodie | 147.54 | 151.35 | 155.88 | 159.69 | 164.22 | 168.03 | 172.56 |
| Fibonacci | 151.22 | 154.41 | 156.38 | 159.56 | 162.75 | 164.72 | 167.90 |
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): | 52.86 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 2.87 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 164.66 | |
| Parabolic SAR (0,02-0,02-0,2): | 164.79 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 164.27 | |
| Zig ZAG (10): | 164.58 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 69.18 | |
| TEMA (21): | 164.68 | |
| Williams %R (14): | -39.62 | |
| Chande Momentum Oscillator (20): | 0.13 | |
| Repulse (5,40,3): | -0.0500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.29 |
| MA7: | 163.53 | |
| MA20: | 162.66 | |
| MA50: | 160.94 | |
| MA100: | 164.60 | |
| MAexp7: | 164.63 | |
| MAexp20: | 164.58 | |
| MAexp50: | 164.48 | |
| MAexp100: | 164.41 | |
| Price / MA7: | +0.66% | |
| Price / MA20: | +1.20% | |
| Price / MA50: | +2.28% | |
| Price / MA100: | +0.01% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.08% | |
| Price / MAexp100: | +0.12% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on EUR/JPY at the time of the analysis were as follows:
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EUR/JPY Forecast October 24, 2024
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EUR/JPY Forecast October 2, 2024
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EUR/JPY Forecast September 20, 2024
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EUR/JPY Forecast September 18, 2024
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EUR/JPY Forecast September 3, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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