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

USD/JPY - 15 min. - Technical analysis published on 06/07/2023 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
11%
56%
33%
My opinion
Bearish under 139.54 JPY
My targets
139.07 JPY (-0.22)
138.63 JPY (-0.66)
My analysis
There is a bearish trend on USD/JPY both at the basic level and in the short term. A sale could be considered, so long as the price remains below 139.54 JPY. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 139.07 JPY. Then the price could move towards 138.63 JPY. Then 138.16 JPY by extension. Be careful, a return to above the resistance 139.54 JPY would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.6

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 rleahy22. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The USD/JPY rating is 139.29 JPY. The price registered a decrease of -0.17% on the session and was traded between 139.12 JPY and 139.57 JPY over the period. The price is currently at +0.12% from its lowest and -0.20% from its highest.

139.12
139.57
139.29

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



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 (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of USD/JPY indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. The overall trend seems to be showing some signs of weakness, as do the tentative bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 15 minutes


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 15 minutes



The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 15 minutes


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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 : 15 minutes



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 137.39 138.44 139.09 139.29 139.31 139.57 139.96
Change (%) -1.36% -0.61% -0.14% - +0.01% +0.20% +0.48%
Change -1.90 -0.85 -0.20 - +0.02 +0.28 +0.67
Level Intermediate Intermediate Intermediate - Minor Minor Minor



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
Standard138.16138.63139.07139.54139.98140.45140.89
Camarilla139.27139.35139.44139.52139.60139.69139.77
Woodie138.16138.62139.07139.53139.98140.44140.89
Fibonacci138.63138.97139.19139.54139.88140.10140.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard136.11137.27138.61139.77141.11142.27143.61
Camarilla139.25139.48139.71139.94140.17140.40140.63
Woodie136.19137.32138.69139.82141.19142.32143.69
Fibonacci137.27138.23138.82139.77140.73141.32142.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard127.34130.42134.78137.86142.22145.30149.66
Camarilla137.09137.78138.46139.14139.82140.50141.19
Woodie127.98130.74135.42138.18142.86145.62150.30
Fibonacci130.42133.26135.02137.86140.70142.46145.30

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.53
MACD (12,26,9): 0.0000
Directional Movement: -8.36
AROON (14): -35.71
DEMA (21): 139.33
Parabolic SAR (0,02-0,02-0,2): 139.44
Elder Ray (13): -0.02
Super Trend (3,10): 139.19
Zig ZAG (10): 139.29
VORTEX (21): 1.0400
Stochastique (14,3,5): 33.33
TEMA (21): 139.34
Williams %R (14): -96.00
Chande Momentum Oscillator (20): -0.20
Repulse (5,40,3): -0.0700
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.05
MA7: 139.41
MA20: 138.51
MA50: 135.72
MA100: 134.24
MAexp7: 139.33
MAexp20: 139.35
MAexp50: 139.38
MAexp100: 139.45
Price / MA7: -0.09%
Price / MA20: +0.56%
Price / MA50: +2.63%
Price / MA100: +3.76%
Price / MAexp7: -0.03%
Price / MAexp20: -0.04%
Price / MAexp50: -0.06%
Price / MAexp100: -0.11%

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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