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 06/07/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 109.59 JPY
My targets
109.35 JPY (-0.13)
109.21 JPY (-0.27)
My analysis
In the short term, we can see an acceleration in the bearish trend on USD/JPY, which is a positive signal for sellers. As long as the price remains above 109.59 JPY, a sale could be considered. The first bearish objective is located at 109.35 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 109.21 JPY as an objective. Crossing it would then enable sellers to target 109.03 JPY. If the price were to return above 109.59 JPY, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.6

Complete this analysis for another time unit:
15 min. Daily Weekly
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.

Additional analysis

Quotes

The USD/JPY price is 109.48 JPY. The price is lower by -0.02% since the last closing with the lowest point at 109.37 JPY and the highest point at 109.64 JPY. The deviation from the price is +0.10% for the low point and -0.15% for the high point.

109.37
109.64
109.48

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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 result:

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 bearish. 75.00% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

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

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel 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 109.03 109.21 109.35 109.48 109.59 109.80 109.95
Change (%) -0.41% -0.25% -0.12% - +0.10% +0.29% +0.43%
Change -0.45 -0.27 -0.13 - +0.11 +0.32 +0.47
Level Minor Minor Major - Major Minor 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
Standard108.16108.76109.13109.73110.10110.70111.07
Camarilla109.23109.32109.41109.50109.59109.68109.77
Woodie108.05108.70109.02109.67109.99110.64110.96
Fibonacci108.76109.13109.36109.73110.10110.33110.70


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard108.11108.72109.11109.72110.11110.72111.11
Camarilla109.23109.32109.41109.50109.59109.68109.78
Woodie108.00108.67109.00109.67110.00110.67111.00
Fibonacci108.72109.10109.34109.72110.10110.34110.72


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard106.63107.48108.49109.34110.35111.20112.21
Camarilla108.98109.15109.32109.49109.66109.83110.00
Woodie106.70107.52108.56109.38110.42111.24112.28
Fibonacci107.48108.19108.63109.34110.05110.49111.20

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): 38.88
MACD (12,26,9): -0.1100
Directional Movement: -25.51
AROON (14): -28.57
DEMA (21): 109.47
Parabolic SAR (0,02-0,02-0,2): 109.63
Elder Ray (13): -0.05
Super Trend (3,10): 109.83
Zig ZAG (10): 109.49
VORTEX (21): 0.7700
Stochastique (14,3,5): 41.98
TEMA (21): 109.43
Williams %R (14): -55.56
Chande Momentum Oscillator (20): -0.01
Repulse (5,40,3): -0.0100
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 0.07
MA7: 109.67
MA20: 109.34
MA50: 109.21
MA100: 107.84
MAexp7: 109.52
MAexp20: 109.62
MAexp50: 109.74
MAexp100: 109.73
Price / MA7: -0.17%
Price / MA20: +0.13%
Price / MA50: +0.25%
Price / MA100: +1.52%
Price / MAexp7: -0.04%
Price / MAexp20: -0.13%
Price / MAexp50: -0.24%
Price / MAexp100: -0.23%

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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