Londinia Opportunities Analyses - 01/01/2025 (GMT) JPY/NOK - 1H

0.0010 NOK (-99.20%)

03/21/2025 - 09:04 Closed Real time data - Forex

Type:	Forex
Ticker:	JPYNOK
ISIN:

Londinia

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

FX/Indices
Timeframe : 1H
- Analysis generated on 01/01/2025 - 18:27
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

My opinion

Bullish above 0.07232 NOK

My targets

0.07271 NOK (+0.00021)

0.07282 NOK (+0.00032)

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 0.07232 NOK. The next resistance located at 0.07271 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 0.07282 NOK. After this resistance, buyers could then target 0.07312 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.

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

8.8

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Additional analysis

Quotes

The JPY/NOK price is 0.07250 NOK. On the day, this instrument gained +0.18% and was between 0.07241 NOK and 0.07258 NOK. This implies that the price is at +0.12% from its lowest and at -0.11% from its highest.

0.07241

0.07258

0.07250

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

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

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of JPY/NOK indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.07216	0.07232	0.07243	0.07250	0.07271	0.07282	0.07312
Change (%)	-0.47%	-0.25%	-0.10%	-	+0.29%	+0.44%	+0.86%
Change	-0.00034	-0.00018	-0.00007	-	+0.00021	+0.00032	+0.00062
Level	Major	Minor	Major	-	Intermediate	Minor	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	0.07160	0.07188	0.07212	0.07240	0.07264	0.07292	0.07316
Camarilla	0.07223	0.07228	0.07232	0.07237	0.07242	0.07247	0.07251
Woodie	0.07159	0.07187	0.07211	0.07239	0.07263	0.07291	0.07315
Fibonacci	0.07188	0.07208	0.07220	0.07240	0.07260	0.07272	0.07292

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.07092	0.07137	0.07167	0.07212	0.07242	0.07287	0.07317
Camarilla	0.07175	0.07182	0.07189	0.07196	0.07203	0.07210	0.07217
Woodie	0.07084	0.07133	0.07159	0.07208	0.07234	0.07283	0.07309
Fibonacci	0.07137	0.07166	0.07184	0.07212	0.07241	0.07259	0.07287

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):	61.90
MACD (12,26,9):	0.0001
Directional Movement:	12.06120
AROON (14):	85.71428
DEMA (21):	0.07246
Parabolic SAR (0,02-0,02-0,2):	0.07217
Elder Ray (13):	0.00017
Super Trend (3,10):	0.07217
Zig ZAG (10):	0.07258
VORTEX (21):	1.0621
Stochastique (14,3,5):	83.74
TEMA (21):	0.07247
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.00030
Repulse (5,40,3):	0.2097
ROCnROLL:	1
TRIX (15,9):	0.0089
Courbe Coppock:	0.25

MA7:	0.07226
MA20:	0.07284
MA50:	0.07239
MA100:	0.07278
MAexp7:	0.07246
MAexp20:	0.07238
MAexp50:	0.07229
MAexp100:	0.07226
Price / MA7:	+0.33%
Price / MA20:	-0.47%
Price / MA50:	+0.15%
Price / MA100:	-0.38%
Price / MAexp7:	+0.06%
Price / MAexp20:	+0.17%
Price / MAexp50:	+0.29%
Price / MAexp100:	+0.33%

Quotes : 01/01/2025 - 18:03 - Real time data - Forex