USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDJPY
ISIN:

USD/JPY - Daily - Technical analysis published on 12/06/2021 (GMT)

  • 155
  • 0
  • Timeframe : Daily
  • - Analysis generated on
  • Status : NEUTRAL

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
11%
56%
33%
My opinion
Neutral between 112.00 JPY and 113.50 JPY
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 112.00 JPY. The first resistance is located at 113.50 JPY. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by USD/JPY.

In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.

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.

This analysis was given by sebanja. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

USD/JPY rating 113.00 JPY. On the day, this instrument lost -0.04% and was traded between 112.85 JPY and 113.07 JPY over the period. The price is currently at +0.13% from its lowest and -0.06% from its highest.

112.85
113.07
113.00

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of USD/JPY in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 110.58 112.00 112.91 113.00 113.50 114.52 115.41
Change (%) -2.14% -0.88% -0.08% - +0.44% +1.35% +2.13%
Change -2.42 -1.00 -0.09 - +0.50 +1.52 +2.41
Level Minor Major Major - Intermediate 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
Standard112.61112.71112.88112.98113.15113.25113.42
Camarilla112.98113.00113.03113.05113.08113.10113.12
Woodie112.65112.73112.92113.00113.19113.27113.46
Fibonacci112.71112.81112.88112.98113.08113.15113.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard110.81111.67112.24113.10113.67114.53115.10
Camarilla112.42112.55112.68112.81112.94113.07113.20
Woodie110.67111.60112.10113.03113.53114.46114.96
Fibonacci111.67112.22112.55113.10113.65113.98114.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard109.06110.79112.05113.78115.04116.77118.03
Camarilla112.48112.75113.03113.30113.57113.85114.12
Woodie108.82110.67111.81113.66114.80116.65117.79
Fibonacci110.79111.94112.64113.78114.93115.63116.77

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): 43.64
MACD (12,26,9): -0.1500
Directional Movement: -5.55
AROON (14): -28.58
DEMA (21): 113.57
Parabolic SAR (0,02-0,02-0,2): 114.62
Elder Ray (13): -0.55
Super Trend (3,10): 115.28
Zig ZAG (10): 112.98
VORTEX (21): 0.9900
Stochastique (14,3,5): 13.82
TEMA (21): 113.06
Williams %R (14): -85.62
Chande Momentum Oscillator (20): -1.04
Repulse (5,40,3): -0.2400
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 1.70
MA7: 113.12
MA20: 113.95
MA50: 113.50
MA100: 111.72
MAexp7: 113.22
MAexp20: 113.62
MAexp50: 113.19
MAexp100: 112.16
Price / MA7: -0.11%
Price / MA20: -0.83%
Price / MA50: -0.44%
Price / MA100: +1.15%
Price / MAexp7: -0.19%
Price / MAexp20: -0.55%
Price / MAexp50: -0.17%
Price / MAexp100: +0.75%

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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