Post an Analysis Request an analysis AI Londinia analysis
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 10/02/2023 (GMT)

  • 87
  • 0
Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 149.51 JPY
My targets
150.17 JPY (+0.51)
My analysis
USD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 149.51 JPY. The next resistance located at 150.17 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.5

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.

eugenchua
This analysis was given by eugenchua. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/JPY rating is 149.66 JPY. The price registered an increase of +0.19% on the session and was between 149.41 JPY and 149.82 JPY. This implies that the price is at +0.17% from its lowest and at -0.11% from its highest.

149.41
149.82
149.66

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of USD/JPY in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
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 several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 148.46 149.19 149.51 149.66 149.72 150.17
Change (%) -0.80% -0.31% -0.10% - +0.04% +0.34%
Change -1.20 -0.47 -0.15 - +0.06 +0.51
Level Intermediate Intermediate Intermediate - Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard147.78148.16148.76149.14149.74150.12150.72
Camarilla149.10149.19149.28149.37149.46149.55149.64
Woodie147.90148.22148.88149.20149.86150.18150.84
Fibonacci148.16148.53148.76149.14149.51149.74150.12


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard147.02147.63148.50149.11149.98150.59151.46
Camarilla148.96149.10149.23149.37149.51149.64149.78
Woodie147.15147.70148.63149.18150.11150.66151.59
Fibonacci147.63148.20148.55149.11149.68150.03150.59


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard140.69142.56145.97147.84151.25153.12156.53
Camarilla147.92148.40148.89149.37149.85150.34150.82
Woodie141.45142.95146.73148.23152.01153.51157.29
Fibonacci142.56144.58145.83147.84149.86151.11153.12

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): 59.42
MACD (12,26,9): 0.1200
Directional Movement: 2.43
AROON (14): 64.28
DEMA (21): 149.70
Parabolic SAR (0,02-0,02-0,2): 149.62
Elder Ray (13): 0.07
Super Trend (3,10): 149.29
Zig ZAG (10): 149.66
VORTEX (21): 1.1400
Stochastique (14,3,5): 72.35
TEMA (21): 149.77
Williams %R (14): -35.42
Chande Momentum Oscillator (20): 0.22
Repulse (5,40,3): -0.0500
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.47
MA7: 149.16
MA20: 148.11
MA50: 145.81
MA100: 143.24
MAexp7: 149.67
MAexp20: 149.55
MAexp50: 149.40
MAexp100: 149.21
Price / MA7: +0.34%
Price / MA20: +1.05%
Price / MA50: +2.64%
Price / MA100: +4.48%
Price / MAexp7: -0.01%
Price / MAexp20: +0.07%
Price / MAexp50: +0.17%
Price / MAexp100: +0.30%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

Online

Overall rating :
15213
Number of analyses :
82187
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis USD/JPY - 1H

NEW !