USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDJPY
ISIN:

USD/JPY - 1H - Technical analysis published on 11/12/2020 (GMT)

  • 203
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Court terme: Bearish
De fond: Neutral
Technical indicators
22%
61%
17%
My opinion
Neutral between 104.73 JPY and 105.35 JPY
My targets
-
My analysis
There is no basic trend for USD/JPY and in the short term, there are still few sellers. It is difficult to advise a trading direction under these conditions. The first support is located at 104.73 JPY. The first resistance is located at 105.35 JPY. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 Oshakati2018. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

USD/JPY rating 105.11 JPY. On the day, this instrument lost -0.29% and was between 105.07 JPY and 105.48 JPY. This implies that the price is at +0.04% from its lowest and at -0.35% from its highest.

105.07
105.48
105.11

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (5 years)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/JPY indicates that the overall trend is not clearly defined. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


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 a result that can have an impact on the price change:

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 103.72 104.15 104.73 105.11 105.35 105.67 106.23
Change (%) -1.32% -0.91% -0.36% - +0.23% +0.53% +1.07%
Change -1.39 -0.96 -0.38 - +0.24 +0.56 +1.12
Level Minor Minor Intermediate - Intermediate Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard104.37104.69105.05105.37105.73106.05106.41
Camarilla105.23105.30105.36105.42105.48105.55105.61
Woodie104.40104.70105.08105.38105.76106.06106.44
Fibonacci104.69104.95105.11105.37105.63105.79106.05


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard100.37101.77102.55103.95104.73106.13106.91
Camarilla102.73102.93103.13103.33103.53103.73103.93
Woodie100.06101.62102.24103.80104.42105.98106.60
Fibonacci101.77102.60103.12103.95104.78105.30106.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard101.65102.83103.74104.92105.83107.01107.92
Camarilla104.07104.26104.45104.64104.83105.02105.22
Woodie101.51102.76103.60104.85105.69106.94107.78
Fibonacci102.83103.63104.13104.92105.72106.22107.01

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): 40.16
MACD (12,26,9): -0.0600
Directional Movement: -7.83
AROON (14): -78.57
DEMA (21): 105.15
Parabolic SAR (0,02-0,02-0,2): 105.32
Elder Ray (13): -0.07
Super Trend (3,10): 105.44
Zig ZAG (10): 105.13
VORTEX (21): 0.9500
Stochastique (14,3,5): 16.19
TEMA (21): 105.09
Williams %R (14): -85.71
Chande Momentum Oscillator (20): -0.22
Repulse (5,40,3): -0.0100
ROCnROLL: 2
TRIX (15,9): -0.0100
Courbe Coppock: 0.30
MA7: 104.62
MA20: 104.76
MA50: 105.23
MA100: 105.84
MAexp7: 105.15
MAexp20: 105.22
MAexp50: 105.22
MAexp100: 105.01
Price / MA7: +0.47%
Price / MA20: +0.33%
Price / MA50: -0.11%
Price / MA100: -0.69%
Price / MAexp7: -0.05%
Price / MAexp20: -0.11%
Price / MAexp50: -0.11%
Price / MAexp100: +0.09%

Quotes : 2020-11-12 22:52:03 - Real time data - Forex

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

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