USD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDJPY
ISIN:

USD/JPY - 15 min. - Technical analysis published on 05/10/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 155.50 JPY

My targets

156.30 JPY (+0.42)

156.65 JPY (+0.77)

My analysis

USD/JPY 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 155.50 JPY. The next resistance located at 156.30 JPY 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 156.65 JPY. After this resistance, buyers could then target 157.00 JPY. 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

7.9

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 KBPRASAD. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

USD/JPY rating 155.88 JPY. The price has increased by +0.32% since the last closing and was between 155.36 JPY and 155.91 JPY. This implies that the price is at +0.33% from its lowest and at -0.02% from its highest.

155.36

155.91

155.88

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

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 USD/JPY in 15 min. shows a strongly overall bullish trend. 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 is currently detecting several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 15 minutes

In fact, 12 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 : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 15 minutes

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 15 minutes

Aroon indicator bearish trend

Type : Bearish

Timeframe : 15 minutes

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 15 minutes

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 15 minutes

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	153.02	154.00	155.16	155.88	155.96	156.48	157.00
Change (%)	-1.83%	-1.21%	-0.46%	-	+0.05%	+0.38%	+0.72%
Change	-2.86	-1.88	-0.72	-	+0.08	+0.60	+1.12
Level	Intermediate	Intermediate	Minor	-	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	154.25	154.70	155.05	155.50	155.85	156.30	156.65
Camarilla	155.17	155.24	155.32	155.39	155.46	155.54	155.61
Woodie	154.19	154.68	154.99	155.48	155.79	156.28	156.59
Fibonacci	154.70	155.01	155.20	155.50	155.81	156.00	156.30

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	141.49	146.67	149.86	155.04	158.23	163.41	166.60
Camarilla	150.74	151.51	152.27	153.04	153.81	154.58	155.34
Woodie	140.49	146.17	148.86	154.54	157.23	162.91	165.60
Fibonacci	146.67	149.87	151.85	155.04	158.24	160.22	163.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	142.88	146.84	152.30	156.26	161.72	165.68	171.14
Camarilla	155.16	156.02	156.89	157.75	158.61	159.48	160.34
Woodie	143.62	147.22	153.04	156.64	162.46	166.06	171.88
Fibonacci	146.84	150.44	152.67	156.26	159.86	162.09	165.68

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):	58.50
MACD (12,26,9):	0.0200
Directional Movement:	4.80
AROON (14):	-78.57
DEMA (21):	155.84
Parabolic SAR (0,02-0,02-0,2):	155.73
Elder Ray (13):	0.04
Super Trend (3,10):	155.89
Zig ZAG (10):	155.88
VORTEX (21):	1.0200
Stochastique (14,3,5):	47.92
TEMA (21):	155.84
Williams %R (14):	-31.25
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	0.0500
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.04

MA7:	154.55
MA20:	155.15
MA50:	152.37
MA100:	149.80
MAexp7:	155.84
MAexp20:	155.80
MAexp50:	155.75
MAexp100:	155.70
Price / MA7:	+0.86%
Price / MA20:	+0.47%
Price / MA50:	+2.30%
Price / MA100:	+4.06%
Price / MAexp7:	+0.03%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.08%
Price / MAexp100:	+0.12%

Quotes : - Real time data - Forex

News

The latest news and videos published on USD/JPY at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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