EUR/JPY
EUR JPY
150.67 JPY (+0.93%)
03/24/2025 - 21:21 Open Real time data - Forex
Open: 149.37
Change: +1.39
Volume: 167,532
Low: 149.35
High: 150.76
High / Low range: 1.41
Type: Forex
Ticker: EURJPY
ISIN:

EUR/JPY - 1H - Technical analysis published on 03/21/2025 (GMT)

  • 120
  • 0
  • 03/21/2025 - 03:02
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on 03/21/2025 - 03:02
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 162.35 JPY
My targets
160.69 JPY (-0.96)
160.06 JPY (-1.59)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on EUR/JPY. As long as you are under the resistance located at 162.35 JPY, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 160.69 JPY would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 160.06 JPY as an objective. Crossing it would then enable sellers to target 158.98 JPY. If the resistance 162.35 JPY were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.4

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 Forexformyfamily. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

EUR/JPY rating 161.65 JPY. The price has increased by +0.21% since the last closing and was between 161.30 JPY and 161.92 JPY. This implies that the price is at +0.22% from its lowest and at -0.17% from its highest.

161.30
161.92
161.65

So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.0-100102030January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this EUR/JPY chart shows a bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 160.06 160.69 161.57 161.65 162.35 163.01 164.13
Change (%) -0.98% -0.59% -0.05% - +0.43% +0.84% +1.53%
Change -1.59 -0.96 -0.08 - +0.70 +1.36 +2.48
Level Intermediate Intermediate Major - Major Minor 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
Standard159.37160.06160.68161.37161.99162.68163.30
Camarilla160.95161.07161.19161.31161.43161.55161.67
Woodie159.35160.04160.66161.35161.97162.66163.28
Fibonacci160.06160.56160.87161.37161.87162.18162.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard156.12157.51159.58160.97163.04164.43166.50
Camarilla160.70161.02161.33161.65161.97162.28162.60
Woodie156.46157.68159.92161.14163.38164.60166.84
Fibonacci157.51158.83159.65160.97162.29163.11164.43


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard147.27151.03153.66157.42160.05163.81166.44
Camarilla154.52155.11155.69156.28156.87157.45158.04
Woodie146.70150.75153.09157.14159.48163.53165.87
Fibonacci151.03153.47154.98157.42159.86161.37163.81

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
Created with Raphaël 2.3.0Buy12
Moving averages
Created with Raphaël 2.3.0Sell20

RSI (14): 50.07
MACD (12,26,9): -0.1200
Directional Movement: -1.96
AROON (14): 85.72
DEMA (21): 161.33
Parabolic SAR (0,02-0,02-0,2): 161.22
Elder Ray (13): 0.19
Super Trend (3,10): 161.91
Zig ZAG (10): 161.60
VORTEX (21): 0.9900
Stochastique (14,3,5): 86.77
TEMA (21): 161.50
Williams %R (14): -26.27
Chande Momentum Oscillator (20): 0.58
Repulse (5,40,3): 0.0000
ROCnROLL: -1
TRIX (15,9): -0.0200
Courbe Coppock: 0.39
MA7: 161.97
MA20: 159.75
MA50: 159.92
MA100: 161.07
MAexp7: 161.58
MAexp20: 161.57
MAexp50: 161.96
MAexp100: 162.08
Price / MA7: -0.20%
Price / MA20: +1.19%
Price / MA50: +1.08%
Price / MA100: +0.36%
Price / MAexp7: +0.04%
Price / MAexp20: +0.05%
Price / MAexp50: -0.19%
Price / MAexp100: -0.27%

Quotes : 03/21/2025 - 03:02 - Real time data - Forex

News


The latest news and videos published on EUR/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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