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

USD/JPY - 1H - Technical analysis published on 12/05/2022 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 135.94 JPY
My targets
133.62 JPY (-0.76)
131.99 JPY (-2.39)
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 135.94 JPY. Crossing the first support at 133.62 JPY would be a sign of a further potential price plummet. Sellers would then use the next support located at 131.99 JPY as an objective. Crossing it would then enable sellers to target 131.41 JPY. Caution, a return to above the resistance located at 135.94 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 neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
5.4

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

Additional analysis

Quotes

The USD/JPY rating is 134.38 JPY. The price registered an increase of +0.05% on the session and was traded between 134.13 JPY and 134.77 JPY over the period. The price is currently at +0.19% from its lowest and -0.29% from its highest.

134.13
134.77
134.38

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/JPY:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this USD/JPY chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

The analysis of the price chart with Central Patterns scanners does not return any result.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 125.57 131.41 133.62 134.38 135.98 138.80 142.18
Change (%) -6.56% -2.21% -0.57% - +1.19% +3.29% +5.80%
Change -8.81 -2.97 -0.76 - +1.60 +4.42 +7.80
Level Major Intermediate Intermediate - Minor Major Intermediate



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
Standard130.93132.28133.29134.64135.65137.00138.01
Camarilla133.66133.88134.09134.31134.53134.74134.96
Woodie130.77132.20133.13134.56135.49136.92137.85
Fibonacci132.28133.18133.74134.64135.54136.10137.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard125.71129.66131.99135.94138.27142.22144.55
Camarilla132.58133.16133.73134.31134.89135.46136.04
Woodie124.89129.26131.17135.54137.45141.82143.73
Fibonacci129.66132.06133.54135.94138.34139.82142.22


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard121.90129.58133.47141.15145.04152.72156.61
Camarilla134.18135.24136.30137.36138.42139.48140.54
Woodie120.01128.63131.58140.20143.15151.77154.72
Fibonacci129.58134.00136.73141.15145.57148.30152.72

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): 43.68
MACD (12,26,9): -0.2400
Directional Movement: -5.04
AROON (14): -71.43
DEMA (21): 134.20
Parabolic SAR (0,02-0,02-0,2): 135.84
Elder Ray (13): -0.10
Super Trend (3,10): 133.83
Zig ZAG (10): 134.38
VORTEX (21): 1.0700
Stochastique (14,3,5): 18.74
TEMA (21): 134.35
Williams %R (14): -67.90
Chande Momentum Oscillator (20): -0.25
Repulse (5,40,3): -0.0100
ROCnROLL: 2
TRIX (15,9): -0.0300
Courbe Coppock: 0.63
MA7: 136.83
MA20: 139.51
MA50: 143.90
MA100: 141.07
MAexp7: 134.38
MAexp20: 134.55
MAexp50: 135.26
MAexp100: 136.31
Price / MA7: -1.79%
Price / MA20: -3.68%
Price / MA50: -6.62%
Price / MA100: -4.74%
Price / MAexp7: -0.01%
Price / MAexp20: -0.13%
Price / MAexp50: -0.66%
Price / MAexp100: -1.42%

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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