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 01/29/2025 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.07271 NOK

My targets

0.07308 NOK (+0.00019)

0.07330 NOK (+0.00041)

My analysis

JPY/NOK is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.07271 NOK. The next resistance located at 0.07308 NOK is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.07330 NOK. After this resistance, buyers could then target 0.07357 NOK. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.8

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

JPY/NOK rating 0.07289 NOK. The price registered an increase of +0.46% on the session and was traded between 0.07238 NOK and 0.07295 NOK over the period. The price is currently at +0.70% from its lowest and -0.08% from its highest.

0.07238

0.07295

0.07289

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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 results:

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/NOK in 1H shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.07216	0.07236	0.07271	0.07289	0.07308	0.07330	0.07357
Change (%)	-1.00%	-0.73%	-0.25%	-	+0.26%	+0.56%	+0.93%
Change	-0.00073	-0.00053	-0.00018	-	+0.00019	+0.00041	+0.00068
Level	Minor	Major	Major	-	Intermediate	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.07176	0.07207	0.07231	0.07262	0.07286	0.07317	0.07341
Camarilla	0.07241	0.07246	0.07251	0.07256	0.07261	0.07266	0.07271
Woodie	0.07174	0.07205	0.07229	0.07260	0.07284	0.07315	0.07339
Fibonacci	0.07207	0.07228	0.07241	0.07262	0.07283	0.07296	0.07317

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.06941	0.07049	0.07113	0.07221	0.07285	0.07393	0.07457
Camarilla	0.07129	0.07145	0.07160	0.07176	0.07192	0.07208	0.07223
Woodie	0.06918	0.07038	0.07090	0.07210	0.07262	0.07382	0.07434
Fibonacci	0.07049	0.07115	0.07156	0.07221	0.07287	0.07328	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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.28
MACD (12,26,9):	0.0001
Directional Movement:	13.08897
AROON (14):	64.28571
DEMA (21):	0.07272
Parabolic SAR (0,02-0,02-0,2):	0.07251
Elder Ray (13):	0.00022
Super Trend (3,10):	0.07247
Zig ZAG (10):	0.07287
VORTEX (21):	1.0772
Stochastique (14,3,5):	89.18
TEMA (21):	0.07275
Williams %R (14):	-14.04
Chande Momentum Oscillator (20):	0.00036
Repulse (5,40,3):	0.2908
ROCnROLL:	1
TRIX (15,9):	0.0027
Courbe Coppock:	0.52

MA7:	0.07245
MA20:	0.07241
MA50:	0.07262
MA100:	0.07267
MAexp7:	0.07276
MAexp20:	0.07266
MAexp50:	0.07258
MAexp100:	0.07251
Price / MA7:	+0.61%
Price / MA20:	+0.66%
Price / MA50:	+0.37%
Price / MA100:	+0.30%
Price / MAexp7:	+0.18%
Price / MAexp20:	+0.32%
Price / MAexp50:	+0.43%
Price / MAexp100:	+0.52%

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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