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.
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This analysis was given by sebanja. Take part yourself by sharing additional analysis on another time unit:
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:
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:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 112.61 | 112.71 | 112.88 | 112.98 | 113.15 | 113.25 | 113.42 |
Camarilla | 112.98 | 113.00 | 113.03 | 113.05 | 113.08 | 113.10 | 113.12 |
Woodie | 112.65 | 112.73 | 112.92 | 113.00 | 113.19 | 113.27 | 113.46 |
Fibonacci | 112.71 | 112.81 | 112.88 | 112.98 | 113.08 | 113.15 | 113.25 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 110.81 | 111.67 | 112.24 | 113.10 | 113.67 | 114.53 | 115.10 |
Camarilla | 112.42 | 112.55 | 112.68 | 112.81 | 112.94 | 113.07 | 113.20 |
Woodie | 110.67 | 111.60 | 112.10 | 113.03 | 113.53 | 114.46 | 114.96 |
Fibonacci | 111.67 | 112.22 | 112.55 | 113.10 | 113.65 | 113.98 | 114.53 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 109.06 | 110.79 | 112.05 | 113.78 | 115.04 | 116.77 | 118.03 |
Camarilla | 112.48 | 112.75 | 113.03 | 113.30 | 113.57 | 113.85 | 114.12 |
Woodie | 108.82 | 110.67 | 111.81 | 113.66 | 114.80 | 116.65 | 117.79 |
Fibonacci | 110.79 | 111.94 | 112.64 | 113.78 | 114.93 | 115.63 | 116.77 |
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
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 the Week of December 06, 2021 by FXEmpire
- USD/JPY Technical Analysis for December 06, 2021 by FXEmpire
- USD/JPY Technical Analysis for December 03, 2021 by FXEmpire
- USD/JPY Technical Analysis for December 02, 2021 by FXEmpire
- USD/JPY Technical Analysis for December 01, 2021 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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