USD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDJPY
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USD/JPY - Daily - Technical analysis published on 09/25/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Bearish

De fond: Strongly bearish

Technical indicators

50%

33%

17%

My opinion

Bearish under 106.26 JPY

My targets

104.72 JPY (-0.75)

103.11 JPY (-2.36)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on USD/JPY as long as the price remains well below 106.26 JPY. The next bearish objective for sellers is set at 104.72 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 103.11 JPY. If there is any crossing, the next objective would be the support located at 87.29 JPY. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

4.8

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 Jlozano2012. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

USD/JPY rating 105.47 JPY. On the day, this instrument gained +0.03% with the lowest point at 105.43 JPY and the highest point at 105.55 JPY. The deviation from the price is +0.04% for the low point and -0.08% for the high point.

105.43

105.55

105.47

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this USD/JPY chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 9 are bullish, 3 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Near support of triangle

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	87.29	103.11	104.72	105.47	106.26	108.19	109.56
Change (%)	-17.24%	-2.24%	-0.71%	-	+0.75%	+2.58%	+3.88%
Change	-18.18	-2.36	-0.75	-	+0.79	+2.72	+4.09
Level	Minor	Major	Major	-	Intermediate	Intermediate	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	104.92	105.06	105.25	105.39	105.58	105.72	105.91
Camarilla	105.35	105.38	105.41	105.44	105.47	105.50	105.53
Woodie	104.95	105.07	105.28	105.40	105.61	105.73	105.94
Fibonacci	105.06	105.19	105.26	105.39	105.52	105.59	105.72

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	101.93	103.10	103.83	105.00	105.73	106.90	107.63
Camarilla	104.04	104.21	104.39	104.56	104.73	104.91	105.08
Woodie	101.71	102.99	103.61	104.89	105.51	106.79	107.41
Fibonacci	103.10	103.83	104.27	105.00	105.73	106.17	106.90

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	103.10	104.10	105.05	106.05	107.00	108.00	108.95
Camarilla	105.46	105.64	105.82	106.00	106.18	106.36	106.54
Woodie	103.08	104.09	105.03	106.04	106.98	107.99	108.93
Fibonacci	104.10	104.85	105.31	106.05	106.80	107.26	108.00

Numerical data

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

Technical indicators

Moving averages

RSI (14):	48.27
MACD (12,26,9):	-0.2500
Directional Movement:	-10.61
AROON (14):	-64.29
DEMA (21):	105.19
Parabolic SAR (0,02-0,02-0,2):	104.00
Elder Ray (13):	0.11
Super Trend (3,10):	106.29
Zig ZAG (10):	105.52
VORTEX (21):	0.9900
Stochastique (14,3,5):	58.68
TEMA (21):	105.12
Williams %R (14):	-36.82
Chande Momentum Oscillator (20):	-0.72
Repulse (5,40,3):	0.5000
ROCnROLL:	-1
TRIX (15,9):	-0.0300
Courbe Coppock:	1.82

MA7:	105.04
MA20:	105.64
MA50:	105.87
MA100:	106.68
MAexp7:	105.28
MAexp20:	105.51
MAexp50:	105.95
MAexp100:	106.50
Price / MA7:	+0.41%
Price / MA20:	-0.16%
Price / MA50:	-0.38%
Price / MA100:	-1.13%
Price / MAexp7:	+0.18%
Price / MAexp20:	-0.04%
Price / MAexp50:	-0.45%
Price / MAexp100:	-0.97%

Quotes : 2020-09-25 01:23:30 - 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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