Free Japanese Yen/Saudi Riyal (JPYSAR) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
18 Apr / Daily
Category/Currency
Currency/SAR
Exchange/Country
CCY/--

Japanese Yen/Saudi Riyal (JPYSAR) signal with technical analysis on 18 Apr

On 18 Apr, we conducted a comprehensive technical analysis of Japanese Yen/Saudi Riyal (JPYSAR), considering 256 signals with intricate details. Here are the key findings: 148 signals suggested buy strategies, while 7 indicated sell strategies. The remaining 101 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 34
Sell Signals: 2
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 37
Sell Signals: 2
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 39
Sell Signals: 2
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 38
Sell Signals: 1
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 148
Sell Signals: 7
Neutral Signals: 101
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Japanese Yen/Saudi Riyal (JPYSAR) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Japanese Yen/Saudi Riyal (JPYSAR) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Japanese Yen/Saudi Riyal (JPYSAR) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Japanese Yen/Saudi Riyal (JPYSAR) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of -100%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **Japanese Yen/Saudi Riyal (JPYSAR)** holdings.

Japanese Yen/Saudi Riyal (JPYSAR) Price Analysis and Resistance Levels:

Given our current long position in Japanese Yen/Saudi Riyal (JPYSAR), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (0.0267): The primary hurdle is the 0.0267 price level. If the prevailing trend remains unchanged, Japanese Yen/Saudi Riyal (JPYSAR) could break above this level, indicating its strength and potential for further growth.

It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Japanese Yen/Saudi Riyal (JPYSAR), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

Japanese Yen/Saudi Riyal (JPYSAR) technical analysis chart

Japanese Yen/Saudi Riyal (JPYSAR) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.0267 -- -- -- --
Support 0.0252 0.0242 0.024 0.0236 0.023
 Japanese Yen/Saudi Riyal (JPYSAR) Support and Resistance area (18 Apr)  Japanese Yen/Saudi Riyal (JPYSAR) Support and Resistance area (18 Apr)

Japanese Yen/Saudi Riyal (JPYSAR) signals list for 18 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Japanese Yen/Saudi Riyal (JPYSAR) candlestick patterns on 18 Apr

Today's Japanese Yen/Saudi Riyal (JPYSAR) Candle Patterns List:

Closing Marubozu Long Line Candle

Japanese Yen/Saudi Riyal (JPYSAR) technical analysis over the past days

# Date Overal Signals ALL Signals
1 17 Apr Hold HoldHoldHoldHold
2 16 Apr Hold HoldHoldHoldHold
3 15 Apr Hold HoldHoldHoldHold
4 14 Apr Hold HoldHoldHoldHold
5 11 Apr Buy BuyHoldHoldHold
6 10 Apr Hold NeutralHoldHoldHold
7 09 Apr Hold HoldHoldHoldHold
8 08 Apr Hold HoldHoldHoldHold
9 07 Apr Hold HoldHoldHoldHold
10 04 Apr Hold HoldHoldHoldHold
11 03 Apr Buy HoldBuyBuyBuy
12 02 Apr Buy BuyNeutralHoldHold
13 01 Apr Hold NeutralHoldHoldHold
14 31 Mar Hold HoldHoldHoldHold
15 28 Mar Hold HoldHoldHoldHold
16 27 Mar Hold HoldHoldHoldHold
17 26 Mar Hold HoldHoldHoldHold
18 25 Mar Sell HoldHoldHoldSell
19 24 Mar Sell SellSellSellNeutral
20 21 Mar Hold NeutralNeutralNeutralNeutral
21 20 Mar Neutral NeutralNeutralNeutralHold
22 19 Mar Hold HoldHoldNeutralHold
23 18 Mar Hold HoldSellNeutralHold
24 17 Mar Hold HoldNeutralNeutralHold
25 14 Mar Sell SellBuyHoldHold
26 13 Mar Hold NeutralNeutralHoldHold
27 12 Mar Hold NeutralHoldHoldHold
28 11 Mar Hold HoldHoldHoldHold
29 10 Mar Hold HoldHoldHoldHold
30 07 Mar Hold HoldHoldHoldHold

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