USD/JPY - 15 min. - Technical analysis published on 09/08/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
0%
39%
My opinion
Bullish above 110.10 JPY
My targets
110.53 JPY (+0.23)
110.75 JPY (+0.45)
My analysis
The bullish trend is currently very strong on USD/JPY. As long as the price remains above the support at 110.10 JPY, you could try to benefit from the boom. The first bullish objective is located at 110.53 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 110.75 JPY as an objective. Crossing it would then enable buyers to target 111.18 JPY. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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Additional analysis
Quotes
USD/JPY rating 110.30 JPY. The price has increased by +0.00% since the last closing and was traded between 110.25 JPY and 110.34 JPY over the period. The price is currently at +0.05% from its lowest and -0.04% from its highest.110.25
110.34
110.30
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this USD/JPY chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 15 minutes
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 109.59 | 109.95 | 110.08 | 110.30 | 110.32 | 110.42 | 110.76 |
| Change (%) | -0.64% | -0.32% | -0.20% | - | +0.02% | +0.11% | +0.42% |
| Change | -0.71 | -0.35 | -0.22 | - | +0.02 | +0.12 | +0.46 |
| Level | Major | Minor | Minor | - | Minor | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 109.23 | 109.45 | 109.88 | 110.10 | 110.53 | 110.75 | 111.18 |
| Camarilla | 110.12 | 110.18 | 110.24 | 110.30 | 110.36 | 110.42 | 110.48 |
| Woodie | 109.33 | 109.50 | 109.98 | 110.15 | 110.63 | 110.80 | 111.28 |
| Fibonacci | 109.45 | 109.70 | 109.86 | 110.10 | 110.35 | 110.51 | 110.75 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.56 | 109.08 | 109.39 | 109.91 | 110.22 | 110.74 | 111.05 |
| Camarilla | 109.48 | 109.56 | 109.63 | 109.71 | 109.79 | 109.86 | 109.94 |
| Woodie | 108.47 | 109.03 | 109.30 | 109.86 | 110.13 | 110.69 | 110.96 |
| Fibonacci | 109.08 | 109.39 | 109.59 | 109.91 | 110.22 | 110.42 | 110.74 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.84 | 107.78 | 108.92 | 109.86 | 111.00 | 111.94 | 113.08 |
| Camarilla | 109.49 | 109.68 | 109.87 | 110.06 | 110.25 | 110.44 | 110.63 |
| Woodie | 106.94 | 107.83 | 109.02 | 109.91 | 111.10 | 111.99 | 113.18 |
| Fibonacci | 107.78 | 108.58 | 109.07 | 109.86 | 110.66 | 111.15 | 111.94 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.32 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 5.02 | |
| AROON (14): | 57.15 | |
| DEMA (21): | 110.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 110.26 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 110.22 | |
| Zig ZAG (10): | 110.30 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 75.40 | |
| TEMA (21): | 110.29 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.01 |
| MA7: | 110.03 | |
| MA20: | 109.89 | |
| MA50: | 110.03 | |
| MA100: | 109.78 | |
| MAexp7: | 110.29 | |
| MAexp20: | 110.29 | |
| MAexp50: | 110.25 | |
| MAexp100: | 110.16 | |
| Price / MA7: | +0.25% | |
| Price / MA20: | +0.37% | |
| Price / MA50: | +0.25% | |
| Price / MA100: | +0.47% | |
| Price / MAexp7: | +0.02% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.14% |
Quotes :
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Real time data
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Forex
News
The last news published on USD/JPY at the time of the generation of this analysis was as follows:
-
USD/JPY Technical Analysis for September 08, 2021 by FXEmpire
-
USD/JPY Technical Analysis for September 07, 2021 by FXEmpire
-
USD/JPY Technical Analysis for the Week of September 09, 2021 by FXEmpire
-
USD/JPY Technical Analysis for September 06, 2021 by FXEmpire
-
USD/JPY Technical Analysis for September 03, 2021 by FXEmpire
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