GBP/JPY - 15 min. - Technical analysis published on 03/16/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 151.21 JPY
My targets
151.66 JPY (+0.22)
152.13 JPY (+0.69)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on GBP/JPY as long as the price remains well above 151.21 JPY. The buyers” bullish objective is set at 151.66 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 152.13 JPY. If there is any crossing, the next objective would be the resistance located at 152.58 JPY. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.2
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/JPY price is 151.44 JPY. The price is lower by -0.15% since the last closing and was between 150.79 JPY and 151.76 JPY. This implies that the price is at +0.43% from its lowest and at -0.21% from its highest.150.79
151.76
151.44
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/JPY in 15 min. shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 149.88 | 150.64 | 151.25 | 151.44 | 151.69 | 152.13 | 152.69 |
| Change (%) | -1.03% | -0.53% | -0.13% | - | +0.17% | +0.46% | +0.83% |
| Change | -1.56 | -0.80 | -0.19 | - | +0.25 | +0.69 | +1.25 |
| Level | Minor | Intermediate | Intermediate | - | Minor | 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 | 150.29 | 150.74 | 151.21 | 151.66 | 152.13 | 152.58 | 153.05 |
| Camarilla | 151.42 | 151.50 | 151.59 | 151.67 | 151.75 | 151.84 | 151.92 |
| Woodie | 150.29 | 150.75 | 151.21 | 151.67 | 152.13 | 152.59 | 153.05 |
| Fibonacci | 150.74 | 151.10 | 151.31 | 151.66 | 152.02 | 152.23 | 152.58 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.50 | 148.55 | 150.14 | 151.19 | 152.78 | 153.83 | 155.42 |
| Camarilla | 151.00 | 151.25 | 151.49 | 151.73 | 151.97 | 152.21 | 152.46 |
| Woodie | 147.77 | 148.69 | 150.41 | 151.33 | 153.05 | 153.97 | 155.69 |
| Fibonacci | 148.55 | 149.56 | 150.18 | 151.19 | 152.20 | 152.82 | 153.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 136.37 | 139.60 | 143.98 | 147.21 | 151.59 | 154.82 | 159.20 |
| Camarilla | 146.26 | 146.96 | 147.65 | 148.35 | 149.05 | 149.75 | 150.44 |
| Woodie | 136.94 | 139.89 | 144.55 | 147.50 | 152.16 | 155.11 | 159.77 |
| Fibonacci | 139.60 | 142.51 | 144.31 | 147.21 | 150.12 | 151.92 | 154.82 |
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): | 53.28 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 2.21 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 151.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 151.48 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 151.24 | |
| Zig ZAG (10): | 151.44 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 47.92 | |
| TEMA (21): | 151.44 | |
| Williams %R (14): | -43.75 | |
| Chande Momentum Oscillator (20): | -0.01 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.04 |
| MA7: | 151.30 | |
| MA20: | 149.58 | |
| MA50: | 145.60 | |
| MA100: | 142.07 | |
| MAexp7: | 151.42 | |
| MAexp20: | 151.42 | |
| MAexp50: | 151.37 | |
| MAexp100: | 151.41 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +1.24% | |
| Price / MA50: | +4.01% | |
| Price / MA100: | +6.60% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.01% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.02% |
Quotes :
2021-03-16 22:09:03
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Real time data
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Forex
News
The last news published on GBP/JPY at the time of the generation of this analysis was as follows:
-
GBP/JPY Technical Analysis for March 17, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for March 16, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for the Week of March 15, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for March 15, 2021 by FXEmpire
-
GBP/JPY Technical Analysis for March 12, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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