EUR/JPY - 15 min. - Technical analysis published on 10/29/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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:
Neutral
Underlying:
Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 165.48 JPY
My targets
166.26 JPY (+0.53)
166.85 JPY (+1.12)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 165.48 JPY remains possible. It is advisable to trade EUR/JPY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 165.48 JPY. The next bullish objective for buyers is set at 166.26 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 166.85 JPY. If there is any crossing, the next objective would be the resistance located at 167.63 JPY. PS: if there is a bearish break in the support located at 165.48 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.1
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Additional analysis
Quotes
EUR/JPY rating 165.73 JPY. The price registered an increase of +0.04% on the session with the lowest point at 165.15 JPY and the highest point at 166.08 JPY. The deviation from the price is +0.35% for the low point and -0.21% for the high point.165.15
166.08
165.73
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EUR/JPY in 15 min. shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 163.80 | 164.13 | 165.02 | 165.73 | 165.84 | 169.54 | 172.65 |
Change (%) | -1.16% | -0.97% | -0.43% | - | +0.07% | +2.30% | +4.18% |
Change | -1.93 | -1.60 | -0.71 | - | +0.11 | +3.81 | +6.92 |
Level | Minor | Intermediate | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 163.52 | 164.11 | 164.89 | 165.48 | 166.26 | 166.85 | 167.63 |
Camarilla | 165.28 | 165.41 | 165.53 | 165.66 | 165.79 | 165.91 | 166.04 |
Woodie | 163.61 | 164.16 | 164.98 | 165.53 | 166.35 | 166.90 | 167.72 |
Fibonacci | 164.11 | 164.64 | 164.96 | 165.48 | 166.01 | 166.33 | 166.85 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 159.57 | 160.78 | 162.59 | 163.80 | 165.61 | 166.82 | 168.63 |
Camarilla | 163.56 | 163.84 | 164.11 | 164.39 | 164.67 | 164.94 | 165.22 |
Woodie | 159.86 | 160.93 | 162.88 | 163.95 | 165.90 | 166.97 | 168.92 |
Fibonacci | 160.78 | 161.94 | 162.65 | 163.80 | 164.96 | 165.67 | 166.82 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 49.00 | |
MACD (12,26,9): | 0.0300 | |
Directional Movement: | -6.25 | |
AROON (14): | -85.71 | |
DEMA (21): | 165.81 | |
Parabolic SAR (0,02-0,02-0,2): | 165.97 | |
Elder Ray (13): | -0.06 | |
Super Trend (3,10): | 165.63 | |
Zig ZAG (10): | 165.71 | |
VORTEX (21): | 1.0000 | |
Stochastique (14,3,5): | 28.97 | |
TEMA (21): | 165.78 | |
Williams %R (14): | -67.44 | |
Chande Momentum Oscillator (20): | -0.03 | |
Repulse (5,40,3): | -0.0100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.18 |
MA7: | 164.41 | |
MA20: | 163.26 | |
MA50: | 161.07 | |
MA100: | 164.54 | |
MAexp7: | 165.75 | |
MAexp20: | 165.76 | |
MAexp50: | 165.69 | |
MAexp100: | 165.59 | |
Price / MA7: | +0.80% | |
Price / MA20: | +1.51% | |
Price / MA50: | +2.89% | |
Price / MA100: | +0.72% | |
Price / MAexp7: | -0.01% | |
Price / MAexp20: | -0.02% | |
Price / MAexp50: | +0.02% | |
Price / MAexp100: | +0.08% |
Quotes :
-
Real time data
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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:
- EUR/JPY Forecast October 24, 2024
- EUR/JPY Forecast October 2, 2024
- EUR/JPY Forecast September 20, 2024
- EUR/JPY Forecast September 18, 2024
- 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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