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 11/09/2022 (GMT)

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  • Timeframe : 1H
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  • Status : INVALID

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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
56%
17%
28%
My opinion
Bearish under 146.09 JPY
My targets
145.31 JPY (-0.42)
143.88 JPY (-1.85)
My analysis
The bearish basic trend is very strong on USD/JPY but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 146.09 JPY. Crossing the first support at 145.31 JPY would be a sign of a further potential price plummet. Sellers would then use the next support located at 143.88 JPY as an objective. Crossing it would then enable sellers to target 138.98 JPY. Caution, a return to above the resistance located at 146.09 JPY would be a sign of a possible consolidation phase of the short-term basic trend. 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.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.1

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 forex2000. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/JPY rating is 145.73 JPY. The price has increased by +0.30% since the last closing with the lowest point at 145.18 JPY and the highest point at 145.86 JPY. The deviation from the price is +0.38% for the low point and -0.09% for the high point.

145.18
145.86
145.73

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 (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of USD/JPY in 1H shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 138.98 145.31 145.67 145.73 146.09 146.96 147.58
Change (%) -4.63% -0.29% -0.04% - +0.25% +0.84% +1.27%
Change -6.75 -0.42 -0.06 - +0.36 +1.23 +1.85
Level Intermediate Minor Intermediate - Intermediate Intermediate Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.95144.07144.69145.81146.43147.55148.17
Camarilla144.82144.98145.14145.30145.46145.62145.78
Woodie142.69143.95144.43145.69146.17147.43147.91
Fibonacci144.07144.74145.15145.81146.48146.89147.55


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.08143.88145.26147.06148.44150.24151.62
Camarilla145.78146.07146.36146.65146.94147.23147.53
Woodie141.88143.78145.06146.96148.24150.14151.42
Fibonacci143.88145.09145.84147.06148.27149.02150.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard135.78139.65144.20148.07152.62156.49161.04
Camarilla146.43147.20147.97148.74149.51150.28151.06
Woodie136.11139.82144.53148.24152.95156.66161.37
Fibonacci139.65142.87144.86148.07151.29153.28156.49

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): 43.63
MACD (12,26,9): -0.2400
Directional Movement: -16.06
AROON (14): -85.71
DEMA (21): 145.43
Parabolic SAR (0,02-0,02-0,2): 145.83
Elder Ray (13): -0.03
Super Trend (3,10): 146.27
Zig ZAG (10): 145.67
VORTEX (21): 0.8400
Stochastique (14,3,5): 52.05
TEMA (21): 145.42
Williams %R (14): -25.00
Chande Momentum Oscillator (20): 0.15
Repulse (5,40,3): 0.1800
ROCnROLL: -1
TRIX (15,9): -0.0300
Courbe Coppock: 0.55
MA7: 146.93
MA20: 147.79
MA50: 145.35
MA100: 140.64
MAexp7: 145.59
MAexp20: 145.76
MAexp50: 146.22
MAexp100: 146.66
Price / MA7: -0.82%
Price / MA20: -1.39%
Price / MA50: +0.26%
Price / MA100: +3.62%
Price / MAexp7: +0.10%
Price / MAexp20: -0.02%
Price / MAexp50: -0.34%
Price / MAexp100: -0.63%

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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