EUR/JPY - 1H - Technical analysis published on 01/08/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 163.21 JPY
My targets
164.01 JPY (+0.59)
164.55 JPY (+1.13)
My analysis
The basic trend is currently slightly bullish on EUR/JPY and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 163.21 JPY, purchases could be favourable. The first bullish objective would be the resistance located at 164.01 JPY. Then the price could move towards 164.55 JPY. Then 164.91 JPY by extension. A return under the support to 163.21 JPY could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.9
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This analysis was given by Goncalo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EUR/JPY rating 163.42 JPY. On the day, this instrument lost -0.13% and was between 162.84 JPY and 163.81 JPY. This implies that the price is at +0.36% from its lowest and at -0.24% from its highest.162.84
163.81
163.42
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 EUR/JPY in 1H shows an overall slightly bullish trend. Only 60.71% of the signals given by moving averages are bullish. This slightly bullish trend is not supported by the signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Price is back over the pivot point
Type : Bullish
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 support of channel
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
White hanging man / hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 161.39 | 162.33 | 163.21 | 163.42 | 164.01 | 164.55 | 164.91 |
Change (%) | -1.24% | -0.67% | -0.13% | - | +0.36% | +0.69% | +0.91% |
Change | -2.03 | -1.09 | -0.21 | - | +0.59 | +1.13 | +1.49 |
Level | Minor | Intermediate | Intermediate | - | Minor | Intermediate | Intermediate |
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 | 161.70 | 162.46 | 163.04 | 163.80 | 164.38 | 165.14 | 165.72 |
Camarilla | 163.26 | 163.38 | 163.51 | 163.63 | 163.75 | 163.88 | 164.00 |
Woodie | 161.62 | 162.42 | 162.96 | 163.76 | 164.30 | 165.10 | 165.64 |
Fibonacci | 162.46 | 162.97 | 163.29 | 163.80 | 164.31 | 164.63 | 165.14 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 156.35 | 158.63 | 160.36 | 162.64 | 164.37 | 166.65 | 168.38 |
Camarilla | 161.00 | 161.37 | 161.73 | 162.10 | 162.47 | 162.84 | 163.20 |
Woodie | 156.09 | 158.49 | 160.10 | 162.50 | 164.11 | 166.51 | 168.12 |
Fibonacci | 158.63 | 160.16 | 161.11 | 162.64 | 164.17 | 165.12 | 166.65 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 148.92 | 152.55 | 157.65 | 161.28 | 166.38 | 170.01 | 175.11 |
Camarilla | 160.35 | 161.15 | 161.95 | 162.75 | 163.55 | 164.35 | 165.15 |
Woodie | 149.66 | 152.92 | 158.39 | 161.65 | 167.12 | 170.38 | 175.85 |
Fibonacci | 152.55 | 155.89 | 157.95 | 161.28 | 164.62 | 166.68 | 170.01 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 48.83 | |
MACD (12,26,9): | -0.0900 | |
Directional Movement: | 0.86 | |
AROON (14): | -50.00 | |
DEMA (21): | 163.22 | |
Parabolic SAR (0,02-0,02-0,2): | 162.88 | |
Elder Ray (13): | 0.04 | |
Super Trend (3,10): | 163.78 | |
Zig ZAG (10): | 163.36 | |
VORTEX (21): | 0.9700 | |
Stochastique (14,3,5): | 60.22 | |
TEMA (21): | 163.17 | |
Williams %R (14): | -32.47 | |
Chande Momentum Oscillator (20): | 0.06 | |
Repulse (5,40,3): | 0.0700 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0100 | |
Courbe Coppock: | 0.40 |
MA7: | 162.94 | |
MA20: | 162.37 | |
MA50: | 162.39 | |
MA100: | 161.69 | |
MAexp7: | 163.30 | |
MAexp20: | 163.35 | |
MAexp50: | 163.40 | |
MAexp100: | 163.27 | |
Price / MA7: | +0.29% | |
Price / MA20: | +0.65% | |
Price / MA50: | +0.63% | |
Price / MA100: | +1.07% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | +0.04% | |
Price / MAexp50: | +0.01% | |
Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
-
Forex
News
The last news published on EUR/JPY at the time of the generation of this analysis was as follows:
- EUR/JPY Price Forecast - Euro Rallies Against the Lowly Yen
- EUR/JPY Forecast December 16, 2024
- EUR/JPY Forecast November 20, 2024
- EUR/JPY Forecast November 13, 2024
- EUR/JPY Forecast October 30, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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