JPY/NOK - 1H - Technical analysis published on 01/15/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 0.07244 NOK
My targets
0.07195 NOK (-0.00014)
0.07154 NOK (-0.00055)
My analysis
In the short term, we can see an acceleration in the bearish trend on JPY/NOK, which is a positive signal for sellers. As long as the price remains above 0.07244 NOK, a sale could be considered. The first bearish objective is located at 0.07195 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.07154 NOK as an objective. Crossing it would then enable sellers to target 0.07131 NOK. If the price were to return above 0.07244 NOK, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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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 0.07209 NOK. The price registered an increase of +0.14% on the session and was between 0.07198 NOK and 0.07212 NOK. This implies that the price is at +0.15% from its lowest and at -0.04% from its highest.0.07198
0.07212
0.07209
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this JPY/NOK chart shows a 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 a bullish signal on moving averages that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 4 are neutral and 10 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.07131 | 0.07154 | 0.07195 | 0.07209 | 0.07244 | 0.07271 | 0.07292 |
Change (%) | -1.08% | -0.76% | -0.19% | - | +0.49% | +0.86% | +1.15% |
Change | -0.00078 | -0.00055 | -0.00014 | - | +0.00035 | +0.00062 | +0.00083 |
Level | Minor | Minor | Major | - | 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 | 0.07097 | 0.07145 | 0.07172 | 0.07220 | 0.07247 | 0.07295 | 0.07322 |
Camarilla | 0.07178 | 0.07185 | 0.07192 | 0.07199 | 0.07206 | 0.07213 | 0.07220 |
Woodie | 0.07087 | 0.07140 | 0.07162 | 0.07215 | 0.07237 | 0.07290 | 0.07312 |
Fibonacci | 0.07145 | 0.07174 | 0.07191 | 0.07220 | 0.07249 | 0.07266 | 0.07295 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.07011 | 0.07071 | 0.07172 | 0.07232 | 0.07333 | 0.07393 | 0.07494 |
Camarilla | 0.07229 | 0.07244 | 0.07258 | 0.07273 | 0.07288 | 0.07303 | 0.07317 |
Woodie | 0.07032 | 0.07081 | 0.07193 | 0.07242 | 0.07354 | 0.07403 | 0.07515 |
Fibonacci | 0.07071 | 0.07133 | 0.07171 | 0.07232 | 0.07294 | 0.07332 | 0.07393 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.06824 | 0.07001 | 0.07119 | 0.07296 | 0.07414 | 0.07591 | 0.07709 |
Camarilla | 0.07156 | 0.07183 | 0.07210 | 0.07237 | 0.07264 | 0.07291 | 0.07318 |
Woodie | 0.06795 | 0.06986 | 0.07090 | 0.07281 | 0.07385 | 0.07576 | 0.07680 |
Fibonacci | 0.07001 | 0.07114 | 0.07183 | 0.07296 | 0.07409 | 0.07478 | 0.07591 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 36.44 | |
MACD (12,26,9): | -0.0001 | |
Directional Movement: | -13.20550 | |
AROON (14): | -64.28572 | |
DEMA (21): | 0.07200 | |
Parabolic SAR (0,02-0,02-0,2): | 0.07236 | |
Elder Ray (13): | -0.00007 | |
Super Trend (3,10): | 0.07244 | |
Zig ZAG (10): | 0.07210 | |
VORTEX (21): | 0.8680 | |
Stochastique (14,3,5): | 18.33 | |
TEMA (21): | 0.07195 | |
Williams %R (14): | -68.33 | |
Chande Momentum Oscillator (20): | -0.00034 | |
Repulse (5,40,3): | 0.1041 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0291 | |
Courbe Coppock: | 0.89 |
MA7: | 0.07218 | |
MA20: | 0.07231 | |
MA50: | 0.07241 | |
MA100: | 0.07276 | |
MAexp7: | 0.07204 | |
MAexp20: | 0.07218 | |
MAexp50: | 0.07235 | |
MAexp100: | 0.07235 | |
Price / MA7: | -0.12% | |
Price / MA20: | -0.30% | |
Price / MA50: | -0.44% | |
Price / MA100: | -0.92% | |
Price / MAexp7: | +0.07% | |
Price / MAexp20: | -0.12% | |
Price / MAexp50: | -0.36% | |
Price / MAexp100: | -0.36% |
Quotes :
-
Real time data
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Forex
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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