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USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDJPY
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USD/JPY - 1H - Technical analysis published on 04/23/2021 (GMT)

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Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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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
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 108.52 JPY
My targets
107.20 JPY (-0.77)
106.98 JPY (-0.99)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on USD/JPY. As long as you are under the resistance located at 108.52 JPY, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 107.20 JPY would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 106.98 JPY as an objective. Crossing it would then enable sellers to target 106.21 JPY. If the resistance 108.52 JPY were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.5

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 107.97 JPY. The price is lower by -0.01% since the last closing and was traded between 107.48 JPY and 108.15 JPY over the period. The price is currently at +0.46% from its lowest and -0.17% from its highest.

107.48
108.15
107.97

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/JPY:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of USD/JPY indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative 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, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

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

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 106.21 106.98 107.89 107.97 108.52 109.35 109.59
Change (%) -1.63% -0.92% -0.07% - +0.51% +1.28% +1.50%
Change -1.76 -0.99 -0.08 - +0.55 +1.38 +1.62
Level Minor Minor Intermediate - Major Minor Major



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
Standard107.35107.58107.78108.01108.21108.44108.64
Camarilla107.86107.90107.94107.98108.02108.06108.10
Woodie107.34107.57107.77108.00108.20108.43108.63
Fibonacci107.58107.74107.85108.01108.17108.28108.44


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard107.20107.90108.37109.07109.54110.24110.71
Camarilla108.51108.62108.72108.83108.94109.05109.15
Woodie107.08107.84108.25109.01109.42110.18110.59
Fibonacci107.90108.35108.63109.07109.52109.80110.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard103.16104.77107.76109.37112.36113.97116.96
Camarilla109.50109.92110.34110.76111.18111.60112.03
Woodie103.86105.12108.46109.72113.06114.32117.66
Fibonacci104.77106.52107.61109.37111.12112.21113.97

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): 53.50
MACD (12,26,9): -0.0300
Directional Movement: -0.63
AROON (14): 14.29
DEMA (21): 107.86
Parabolic SAR (0,02-0,02-0,2): 107.49
Elder Ray (13): 0.14
Super Trend (3,10): 107.56
Zig ZAG (10): 107.99
VORTEX (21): 0.9800
Stochastique (14,3,5): 76.14
TEMA (21): 107.85
Williams %R (14): -25.37
Chande Momentum Oscillator (20): 0.06
Repulse (5,40,3): 0.1200
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.17
MA7: 108.25
MA20: 109.30
MA50: 108.28
MA100: 106.13
MAexp7: 107.88
MAexp20: 107.91
MAexp50: 107.99
MAexp100: 108.13
Price / MA7: -0.26%
Price / MA20: -1.22%
Price / MA50: -0.29%
Price / MA100: +1.73%
Price / MAexp7: +0.08%
Price / MAexp20: +0.06%
Price / MAexp50: -0.02%
Price / MAexp100: -0.15%

Quotes : - 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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Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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