EUR/JPY
EUR JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
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High / Low range: -
Type: Forex
Ticker: EURJPY
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EUR/JPY - 1H - Technical analysis published on 04/16/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Slightly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 160.93 JPY
My targets
162.33 JPY (+0.28)
162.81 JPY (+0.76)
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 160.93 JPY, purchases could be favourable. The first bullish objective would be the resistance located at 162.33 JPY. Then the price could move towards 162.81 JPY. Then 163.29 JPY by extension. A return under the support to 160.93 JPY could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6

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

Additional analysis

Quotes

The EUR/JPY price is 162.05 JPY. On the day, this instrument gained +0.25% and was traded between 161.39 JPY and 162.32 JPY over the period. The price is currently at +0.41% from its lowest and -0.17% from its highest.

161.39
162.32
162.05

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by EUR/JPY:
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


Technical analysis of EUR/JPY in 1H shows an overall slightly bullish trend. Only 57.14% 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 scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 14 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


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

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:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 159.47 160.12 160.93 162.05 162.33 162.81 163.29
Change (%) -1.59% -1.19% -0.69% - +0.17% +0.47% +0.77%
Change -2.58 -1.93 -1.12 - +0.28 +0.76 +1.24
Level Intermediate Major Intermediate - Intermediate Minor Minor



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
Standard159.50160.40161.02161.92162.54163.44164.06
Camarilla161.23161.37161.51161.65161.79161.93162.07
Woodie159.37160.33160.89161.85162.41163.37163.93
Fibonacci160.40160.98161.34161.92162.50162.86163.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard154.88156.56159.79161.47164.70166.38169.61
Camarilla161.67162.12162.57163.02163.47163.92164.37
Woodie155.66156.95160.57161.86165.48166.77170.39
Fibonacci156.56158.44159.59161.47163.35164.50166.38


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard148.55152.08157.14160.67165.73169.26174.32
Camarilla159.85160.64161.42162.21163.00163.79164.57
Woodie149.33152.46157.92161.05166.51169.64175.10
Fibonacci152.08155.36157.39160.67163.95165.98169.26

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): 59.43
MACD (12,26,9): 0.0200
Directional Movement: 4.55
AROON (14): 78.57
DEMA (21): 161.85
Parabolic SAR (0,02-0,02-0,2): 161.54
Elder Ray (13): 0.26
Super Trend (3,10): 162.32
Zig ZAG (10): 162.13
VORTEX (21): 1.1000
Stochastique (14,3,5): 82.82
TEMA (21): 161.99
Williams %R (14): -20.62
Chande Momentum Oscillator (20): 0.50
Repulse (5,40,3): 0.0300
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.56
MA7: 161.79
MA20: 161.79
MA50: 160.09
MA100: 160.68
MAexp7: 162.00
MAexp20: 161.87
MAexp50: 161.98
MAexp100: 161.95
Price / MA7: +0.16%
Price / MA20: +0.16%
Price / MA50: +1.22%
Price / MA100: +0.85%
Price / MAexp7: +0.02%
Price / MAexp20: +0.11%
Price / MAexp50: +0.04%
Price / MAexp100: +0.06%

Quotes : - Real time data - Forex

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

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