USD/JPY - 1H - Technical analysis published on 08/12/2021 (GMT)
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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:
Strongly bearish
Underlying:
Neutral
Technical indicators
44%
22%
33%
My opinion
Bearish under 110.60 JPY
My targets
110.02 JPY (-0.37)
109.59 JPY (-0.80)
My analysis
The current short-term bearish acceleration registered on USD/JPY should quickly allow the basic trend to return to a bearish trend. To avoid contradicting the short term, traders could favour short positions (for sale) as long as the price remains well below 110.60 JPY. Short-term sellers will use the support located at 110.02 JPY as an objective. A bearish break of this support would revive the bearish momentum. The next bearish objective would then be set at 109.59 JPY. Crossing this support would then open the door for sellers to target 108.72 JPY. Caution, if there is a return to below 110.60 JPY, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend buyers, many of whom will certainly benefit from this movement.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
0.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/JPY rating is 110.39 JPY. The price has increased by +0.02% since the last closing and was traded between 110.31 JPY and 110.48 JPY over the period. The price is currently at +0.07% from its lowest and -0.08% from its highest.110.31
110.48
110.39
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by USD/JPY:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this USD/JPY chart shows a neutral trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Aroon indicator bullish trend
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 109.59 | 110.02 | 110.36 | 110.39 | 110.60 | 110.76 | 112.00 |
| Change (%) | -0.72% | -0.34% | -0.03% | - | +0.19% | +0.34% | +1.46% |
| Change | -0.80 | -0.37 | -0.03 | - | +0.21 | +0.37 | +1.61 |
| Level | Major | Minor | Intermediate | - | Minor | Major | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 109.70 | 110.00 | 110.19 | 110.49 | 110.68 | 110.98 | 111.17 |
| Camarilla | 110.24 | 110.28 | 110.33 | 110.37 | 110.42 | 110.46 | 110.51 |
| Woodie | 109.64 | 109.97 | 110.13 | 110.46 | 110.62 | 110.95 | 111.11 |
| Fibonacci | 110.00 | 110.19 | 110.31 | 110.49 | 110.68 | 110.80 | 110.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.53 | 108.13 | 109.17 | 109.77 | 110.81 | 111.41 | 112.45 |
| Camarilla | 109.77 | 109.92 | 110.07 | 110.22 | 110.37 | 110.52 | 110.67 |
| Woodie | 107.76 | 108.24 | 109.40 | 109.88 | 111.04 | 111.52 | 112.68 |
| Fibonacci | 108.13 | 108.75 | 109.14 | 109.77 | 110.39 | 110.78 | 111.41 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.01 | 107.53 | 108.61 | 110.13 | 111.21 | 112.73 | 113.81 |
| Camarilla | 108.97 | 109.20 | 109.44 | 109.68 | 109.92 | 110.16 | 110.40 |
| Woodie | 105.78 | 107.42 | 108.38 | 110.02 | 110.98 | 112.62 | 113.58 |
| Fibonacci | 107.53 | 108.53 | 109.14 | 110.13 | 111.13 | 111.74 | 112.73 |
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): | 42.58 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -5.06 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 110.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.48 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 110.58 | |
| Zig ZAG (10): | 110.39 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 58.82 | |
| TEMA (21): | 110.35 | |
| Williams %R (14): | -47.06 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -0.0200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.12 |
| MA7: | 110.17 | |
| MA20: | 109.95 | |
| MA50: | 110.18 | |
| MA100: | 109.70 | |
| MAexp7: | 110.40 | |
| MAexp20: | 110.43 | |
| MAexp50: | 110.44 | |
| MAexp100: | 110.31 | |
| Price / MA7: | +0.20% | |
| Price / MA20: | +0.40% | |
| Price / MA50: | +0.19% | |
| Price / MA100: | +0.63% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.04% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | +0.07% |
Quotes :
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Real time data
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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:
-
USD/JPY Technical Analysis for August 12, 2021 by FXEmpire
-
USD/JPY Technical Analysis for August 11, 2021 by FXEmpire
-
USD/JPY Technical Analysis for August 10, 2021 by FXEmpire
-
USD/JPY Technical Analysis for the Week of August 09, 2021 by FXEmpire
-
USD/JPY Technical Analysis for August 09, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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