Londinia Opportunities Analyses - 11/15/2024 (GMT) EUR/JPY FULL1224 - 1H

- USD (-)

- 10 min delayed data - CME Globex Futures

Type:	Futures
Ticker:	EURJPYXXXX
ISIN:	EURJPYXXXX

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

FX/Indices
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 164.15 USD

My targets

164.89 USD (+0.29%)

165.50 USD (+0.66%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EUR/JPY FULL1224 as long as the price remains well above 164.15 USD. The buyers' bullish objective is set at 164.89 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 165.50 USD. If there is any crossing, the next objective would be the resistance located at 165.89 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

7.9

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.

Additional analysis

Quotes

The EUR/JPY FULL1224 price is 164.41 USD. The price has increased by +0.23% since the last closing and was between 164.12 USD and 164.41 USD. This implies that the price is at +0.18% from its lowest and at 0% from its highest.

164.12

164.41

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this EUR/JPY FULL1224 chart shows a strongly bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	163.75	164.15	164.39	164.41	164.89	165.50	165.89
Change (%)	-0.40%	-0.16%	-0.01%	-	+0.29%	+0.66%	+0.90%
Change	-0.66	-0.26	-0.02	-	+0.48	+1.09	+1.48
Level	Minor	Minor	Intermediate	-	Minor	Intermediate	Intermediate

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	162.41	162.90	163.55	164.04	164.69	165.18	165.83
Camarilla	163.88	163.98	164.09	164.19	164.30	164.40	164.50
Woodie	162.48	162.94	163.62	164.08	164.76	165.22	165.90
Fibonacci	162.90	163.34	163.61	164.04	164.48	164.75	165.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	159.22	160.96	162.01	163.75	164.80	166.54	167.59
Camarilla	162.28	162.54	162.79	163.05	163.31	163.56	163.82
Woodie	158.87	160.79	161.66	163.58	164.45	166.37	167.24
Fibonacci	160.96	162.03	162.69	163.75	164.82	165.48	166.54

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	151.46	154.55	159.86	162.95	168.26	171.35	176.66
Camarilla	162.87	163.64	164.41	165.18	165.95	166.72	167.49
Woodie	152.58	155.11	160.98	163.51	169.38	171.91	177.78
Fibonacci	154.55	157.76	159.74	162.95	166.16	168.14	171.35

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):	59.17
MACD (12,26,9):	0.0800
Directional Movement:	11.06
AROON (14):	28.57
DEMA (21):	164.15
Parabolic SAR (0,02-0,02-0,2):	163.55
Elder Ray (13):	0.16
Super Trend (3,10):	163.71
Zig ZAG (10):	164.35
VORTEX (21):	0.9400
Stochastique (14,3,5):	69.01
TEMA (21):	164.17
Williams %R (14):	-16.67
Chande Momentum Oscillator (20):	0.59
Repulse (5,40,3):	0.2200
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.24

MA7:	163.87
MA20:	164.18
MA50:	161.21
MA100:	162.35
MAexp7:	164.22
MAexp20:	164.05
MAexp50:	163.93
MAexp100:	163.94
Price / MA7:	+0.33%
Price / MA20:	+0.14%
Price / MA50:	+1.98%
Price / MA100:	+1.27%
Price / MAexp7:	+0.12%
Price / MAexp20:	+0.22%
Price / MAexp50:	+0.29%
Price / MAexp100:	+0.29%

Quotes : - 10 min delayed data - Futures CME Globex