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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 07/02/2020 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Bullish
De fond: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 107.37 JPY
My targets
107.89 JPY (+0.31)
108.17 JPY (+0.59)
My analysis
A bullish trend on USD/JPY both in substance and in the short term. A purchase could be considered as long as the price remains above 107.37 JPY. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 107.89 JPY. Then the price could move towards 108.17 JPY. Then 108.50 JPY by extension. Be careful, a return below 107.37 JPY would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.

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
0
10
5.9

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.

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

Additional analysis

Quotes

The USD/JPY rating is 107.58 JPY. On the day, this instrument gained +0.20% and was between 107.33 JPY and 107.73 JPY. This implies that the price is at +0.23% from its lowest and at -0.14% from its highest.

107.33
107.73
107.58

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


A technical analysis in 1H of this USD/JPY chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, 15 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



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:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 106.46 106.80 107.37 107.58 107.61 107.89 108.17
Change (%) -1.04% -0.73% -0.20% - +0.03% +0.29% +0.55%
Change -1.12 -0.78 -0.21 - +0.03 +0.31 +0.59
Level Minor Intermediate Major - Major 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
Standard106.25106.80107.08107.63107.91108.46108.74
Camarilla107.14107.22107.29107.37107.45107.52107.60
Woodie106.13106.73106.96107.56107.79108.39108.62
Fibonacci106.80107.11107.31107.63107.94108.14108.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard105.00105.53106.38106.91107.76108.29109.14
Camarilla106.84106.97107.09107.22107.35107.47107.60
Woodie105.15105.61106.53106.99107.91108.37109.29
Fibonacci105.53106.06106.39106.91107.44107.77108.29


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard102.31104.19106.09107.97109.87111.75113.65
Camarilla106.95107.30107.64107.99108.34108.68109.03
Woodie102.32104.20106.10107.98109.88111.76113.66
Fibonacci104.19105.63106.53107.97109.41110.31111.75

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): 58.36
MACD (12,26,9): -0.0100
Directional Movement: 12.57
AROON (14): 92.86
DEMA (21): 107.49
Parabolic SAR (0,02-0,02-0,2): 107.35
Elder Ray (13): 0.16
Super Trend (3,10): 107.69
Zig ZAG (10): 107.63
VORTEX (21): 1.0900
Stochastique (14,3,5): 75.48
TEMA (21): 107.52
Williams %R (14): -22.50
Chande Momentum Oscillator (20): 0.15
Repulse (5,40,3): 0.1100
ROCnROLL: 1
TRIX (15,9): -0.0100
Courbe Coppock: 0.09
MA7: 107.42
MA20: 107.40
MA50: 107.40
MA100: 107.90
MAexp7: 107.53
MAexp20: 107.51
MAexp50: 107.54
MAexp100: 107.47
Price / MA7: +0.15%
Price / MA20: +0.17%
Price / MA50: +0.17%
Price / MA100: -0.30%
Price / MAexp7: +0.05%
Price / MAexp20: +0.07%
Price / MAexp50: +0.04%
Price / MAexp100: +0.10%

Quotes : 2020-07-02 13:39:33 - Real time data - Forex

News


Don"t forget to follow the news on USD/JPY. At the time of publication of this analysis, the latest news was as follows:

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

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