USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
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Type: Forex
Ticker: USDJPY
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USD/JPY - 1H - Technical analysis published on 07/20/2021 (GMT)

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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 110.10 JPY
My targets
109.06 JPY (-0.53)
107.93 JPY (-1.66)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 110.10 JPY remains possible. It is advisable to trade USD/JPY with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 110.10 JPY. The next bearish objective for sellers is set at 109.06 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 107.93 JPY. In case of crossing, the next objective would be the support located at 105.44 JPY. PS: if there is a bullish break in the resistance located at 110.10 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0.5

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This analysis was given by emc3. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/JPY rating is 109.59 JPY. On the day, this instrument gained +0.06% with the lowest point at 109.37 JPY and the highest point at 109.75 JPY. The deviation from the price is +0.20% for the low point and -0.15% for the high point.

109.37
109.75
109.59

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


A technical analysis in 1H of this USD/JPY chart shows a bearish trend. 71.43% 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 a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, 11 technical indicators on 18 studied 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

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Resistance of triangle is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 105.44 107.93 109.06 109.59 109.59 110.10 110.34
Change (%) -3.79% -1.51% -0.48% 0% - +0.47% +0.68%
Change -4.15 -1.66 -0.53 0 - +0.51 +0.75
Level Minor Intermediate Minor 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
Standard107.97108.52109.02109.57110.07110.62111.12
Camarilla109.24109.34109.43109.53109.63109.72109.82
Woodie107.96108.51109.01109.56110.06110.61111.11
Fibonacci108.52108.92109.17109.57109.97110.22110.62


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard108.63109.17109.62110.16110.61111.15111.60
Camarilla109.80109.89109.98110.07110.16110.25110.34
Woodie108.59109.15109.58110.14110.57111.13111.56
Fibonacci109.17109.55109.78110.16110.54110.77111.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard107.89108.54109.84110.49111.79112.44113.74
Camarilla110.60110.78110.96111.14111.32111.50111.68
Woodie108.22108.70110.17110.65112.12112.60114.07
Fibonacci108.54109.29109.75110.49111.24111.70112.44

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): 49.94
MACD (12,26,9): -0.0500
Directional Movement: 1.42
AROON (14): 28.57
DEMA (21): 109.48
Parabolic SAR (0,02-0,02-0,2): 109.32
Elder Ray (13): 0.05
Super Trend (3,10): 109.86
Zig ZAG (10): 109.58
VORTEX (21): 1.0500
Stochastique (14,3,5): 66.72
TEMA (21): 109.53
Williams %R (14): -42.11
Chande Momentum Oscillator (20): 0.12
Repulse (5,40,3): -0.0200
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 0.19
MA7: 109.99
MA20: 110.48
MA50: 109.96
MA100: 109.47
MAexp7: 109.55
MAexp20: 109.57
MAexp50: 109.71
MAexp100: 109.87
Price / MA7: -0.36%
Price / MA20: -0.81%
Price / MA50: -0.34%
Price / MA100: +0.11%
Price / MAexp7: +0.04%
Price / MAexp20: +0.02%
Price / MAexp50: -0.11%
Price / MAexp100: -0.25%

Quotes : - Real time data - Forex

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

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