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USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: USDJPY
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USD/JPY - 1H - Technical analysis published on 06/16/2020 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Neutral
De fond: Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Neutral between 107.13 JPY and 107.57 JPY
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on USD/JPY. It is difficult to advise a trading direction under these conditions. The first resistance is located at 107.57 JPY. The first support is located at 107.13 JPY. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.

Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

USD/JPY rating 107.34 JPY. The price is lower by -0.14% since the last closing with the lowest point at 107.23 JPY and the highest point at 107.64 JPY. The deviation from the price is +0.10% for the low point and -0.28% for the high point.

107.23
107.64
107.34

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:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/JPY indicates that the overall trend is slightly bullish. 50.00% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 106.21 106.57 107.13 107.34 107.57 108.24 108.50
Change (%) -1.05% -0.72% -0.20% - +0.21% +0.84% +1.08%
Change -1.13 -0.77 -0.21 - +0.23 +0.90 +1.16
Level Intermediate Minor Intermediate - Major Minor Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard106.55106.78107.13107.36107.71107.94108.29
Camarilla107.33107.38107.44107.49107.54107.60107.65
Woodie106.62106.81107.20107.39107.78107.97108.36
Fibonacci106.78107.00107.14107.36107.58107.72107.94


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard102.94104.76106.07107.89109.20111.02112.33
Camarilla106.53106.82107.10107.39107.68107.96108.25
Woodie102.70104.63105.83107.76108.96110.89112.09
Fibonacci104.76105.95106.69107.89109.08109.82111.02


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard104.40105.19106.51107.30108.62109.41110.73
Camarilla107.25107.44107.64107.83108.02108.22108.41
Woodie104.67105.32106.78107.43108.89109.54111.00
Fibonacci105.19106.00106.49107.30108.11108.60109.41

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.41
MACD (12,26,9): 0.0600
Directional Movement: 8.11
AROON (14): 64.29
DEMA (21): 107.48
Parabolic SAR (0,02-0,02-0,2): 107.25
Elder Ray (13): 0.07
Super Trend (3,10): 107.06
Zig ZAG (10): 107.56
VORTEX (21): 1.0700
Stochastique (14,3,5): 70.54
TEMA (21): 107.50
Williams %R (14): -20.93
Chande Momentum Oscillator (20): 0.21
Repulse (5,40,3): 0.0500
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.26
MA7: 107.48
MA20: 107.90
MA50: 107.57
MA100: 108.17
MAexp7: 107.45
MAexp20: 107.41
MAexp50: 107.34
MAexp100: 107.42
Price / MA7: -0.13%
Price / MA20: -0.52%
Price / MA50: -0.21%
Price / MA100: -0.77%
Price / MAexp7: -0.11%
Price / MAexp20: -0.07%
Price / MAexp50: -0.01%
Price / MAexp100: -0.08%

Quotes : 2020-06-16 06:38:15 - Real time data - Forex

News


The last news published on USD/JPY at the time of the generation of this analysis was as follows:

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

About author

Londinia
Londinia AI

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