JPY/NOK

- NOK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	JPYNOK
ISIN:

JPY/NOK - 1H - Technical analysis published on 12/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

22%

My opinion

Bullish above 0.07273 NOK

My targets

0.07303 NOK (+0.00010)

0.07378 NOK (+0.00085)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on JPY/NOK as long as the price remains well above 0.07273 NOK. The buyers' bullish objective is set at 0.07303 NOK. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.07378 NOK. If there is any crossing, the next objective would be the resistance located at 0.07401 NOK.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.4

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The JPY/NOK rating is 0.07293 NOK. The price registered an increase of +0.50% on the session with the lowest point at 0.07248 NOK and the highest point at 0.07309 NOK. The deviation from the price is +0.62% for the low point and -0.22% for the high point.

0.07248

0.07309

0.07293

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this JPY/NOK chart shows a bullish trend. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, 13 technical indicators on 18 studied are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.07226	0.07253	0.07273	0.07293	0.07303	0.07378	0.07401
Change (%)	-0.92%	-0.55%	-0.27%	-	+0.14%	+1.17%	+1.48%
Change	-0.00067	-0.00040	-0.00020	-	+0.00010	+0.00085	+0.00108
Level	Major	Minor	Minor	-	Intermediate	Intermediate	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
Standard	0.06996	0.07092	0.07174	0.07270	0.07352	0.07448	0.07530
Camarilla	0.07208	0.07224	0.07241	0.07257	0.07273	0.07290	0.07306
Woodie	0.06990	0.07089	0.07168	0.07267	0.07346	0.07445	0.07524
Fibonacci	0.07092	0.07160	0.07202	0.07270	0.07338	0.07380	0.07448

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06913	0.07069	0.07160	0.07316	0.07407	0.07563	0.07654
Camarilla	0.07182	0.07205	0.07227	0.07250	0.07273	0.07295	0.07318
Woodie	0.06880	0.07053	0.07127	0.07300	0.07374	0.07547	0.07621
Fibonacci	0.07069	0.07164	0.07222	0.07316	0.07411	0.07469	0.07563

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06829	0.06945	0.07162	0.07278	0.07495	0.07611	0.07828
Camarilla	0.07287	0.07318	0.07349	0.07379	0.07410	0.07440	0.07471
Woodie	0.06880	0.06970	0.07213	0.07303	0.07546	0.07636	0.07879
Fibonacci	0.06945	0.07072	0.07151	0.07278	0.07405	0.07484	0.07611

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):	56.27
MACD (12,26,9):	0.0000
Directional Movement:	5.10864
AROON (14):	92.85714
DEMA (21):	0.07275
Parabolic SAR (0,02-0,02-0,2):	0.07249
Elder Ray (13):	0.00019
Super Trend (3,10):	0.07238
Zig ZAG (10):	0.07294
VORTEX (21):	1.1338
Stochastique (14,3,5):	90.95
TEMA (21):	0.07284
Williams %R (14):	-15.46
Chande Momentum Oscillator (20):	0.00029
Repulse (5,40,3):	0.1564
ROCnROLL:	1
TRIX (15,9):	-0.0109
Courbe Coppock:	1.32

MA7:	0.07287
MA20:	0.07323
MA50:	0.07246
MA100:	0.07292
MAexp7:	0.07286
MAexp20:	0.07275
MAexp50:	0.07278
MAexp100:	0.07283
Price / MA7:	+0.08%
Price / MA20:	-0.41%
Price / MA50:	+0.65%
Price / MA100:	+0.01%
Price / MAexp7:	+0.10%
Price / MAexp20:	+0.25%
Price / MAexp50:	+0.21%
Price / MAexp100:	+0.14%

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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