JPY/MXN - 1H - Technical analysis published on 09/01/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
39%
39%
My opinion
Bearish under 0.14576 MXN
My targets
0.14390 MXN (-0.00101)
0.14130 MXN (-0.00361)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on JPY/MXN as long as the price remains well below 0.14576 MXN. The sellers' bearish objective is set at 0.14390 MXN. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.14130 MXN. In case of crossing, the next objective would be the support located at 0.12971 MXN.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.8
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.
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Additional analysis
Quotes
The JPY/MXN rating is 0.14491 MXN. On the day, this instrument lost -0.01% with the lowest point at 0.14471 MXN and the highest point at 0.14519 MXN. The deviation from the price is +0.14% for the low point and -0.19% for the high point.0.14471
0.14519
0.14491
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
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 JPY/MXN in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : MA50 & MA100
Type : Bullish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 7 are neutral and 7 are bearish. The Central Indicators scanner found this result concerning these indicators:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
White gravestone / inverted hammer
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.11532 | 0.12971 | 0.14390 | 0.14491 | 0.14500 | 0.14576 | 0.14712 |
| Change (%) | -20.42% | -10.49% | -0.70% | - | +0.06% | +0.59% | +1.53% |
| Change | -0.02959 | -0.01520 | -0.00101 | - | +0.00009 | +0.00085 | +0.00221 |
| Level | Intermediate | Intermediate | Intermediate | - | 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 | 0.14342 | 0.14409 | 0.14451 | 0.14518 | 0.14560 | 0.14627 | 0.14669 |
| Camarilla | 0.14462 | 0.14472 | 0.14482 | 0.14492 | 0.14502 | 0.14512 | 0.14522 |
| Woodie | 0.14329 | 0.14403 | 0.14438 | 0.14512 | 0.14547 | 0.14621 | 0.14656 |
| Fibonacci | 0.14409 | 0.14451 | 0.14477 | 0.14518 | 0.14560 | 0.14586 | 0.14627 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.14130 | 0.14314 | 0.14434 | 0.14618 | 0.14738 | 0.14922 | 0.15042 |
| Camarilla | 0.14469 | 0.14497 | 0.14525 | 0.14553 | 0.14581 | 0.14609 | 0.14637 |
| Woodie | 0.14097 | 0.14298 | 0.14401 | 0.14602 | 0.14705 | 0.14906 | 0.15009 |
| Fibonacci | 0.14314 | 0.14431 | 0.14502 | 0.14618 | 0.14735 | 0.14806 | 0.14922 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.12707 | 0.13548 | 0.14020 | 0.14861 | 0.15333 | 0.16174 | 0.16646 |
| Camarilla | 0.14131 | 0.14251 | 0.14372 | 0.14492 | 0.14612 | 0.14733 | 0.14853 |
| Woodie | 0.12523 | 0.13456 | 0.13836 | 0.14769 | 0.15149 | 0.16082 | 0.16462 |
| Fibonacci | 0.13548 | 0.14050 | 0.14359 | 0.14861 | 0.15363 | 0.15672 | 0.16174 |
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): | 44.87 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | 4.66402 | |
| AROON (14): | -50.00000 | |
| DEMA (21): | 0.14495 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.14472 | |
| Elder Ray (13): | 0.00005 | |
| Super Trend (3,10): | 0.14570 | |
| Zig ZAG (10): | 0.14487 | |
| VORTEX (21): | 0.8748 | |
| Stochastique (14,3,5): | 40.12 | |
| TEMA (21): | 0.14486 | |
| Williams %R (14): | -66.07 | |
| Chande Momentum Oscillator (20): | -0.00031 | |
| Repulse (5,40,3): | -0.1069 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0045 | |
| Courbe Coppock: | 0.33 |
| MA7: | 0.14515 | |
| MA20: | 0.14751 | |
| MA50: | 0.14923 | |
| MA100: | 0.15154 | |
| MAexp7: | 0.14494 | |
| MAexp20: | 0.14501 | |
| MAexp50: | 0.14502 | |
| MAexp100: | 0.14516 | |
| Price / MA7: | -0.17% | |
| Price / MA20: | -1.76% | |
| Price / MA50: | -2.89% | |
| Price / MA100: | -4.38% | |
| Price / MAexp7: | -0.02% | |
| Price / MAexp20: | -0.07% | |
| Price / MAexp50: | -0.08% | |
| Price / MAexp100: | -0.17% |
Quotes :
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Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
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