USD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	USDJPY
ISIN:

USD/JPY - 15 min. - Technical analysis published on 03/27/2024 (GMT)

Londinia

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Timeframe : 15 min.
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 151.45 JPY

My targets

151.04 JPY (-0.13)

150.87 JPY (-0.30)

My analysis

USD/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 151.45 JPY. The next support located at 151.04 JPY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 150.87 JPY. Below this support, sellers could then target 150.17 JPY. With the current pattern, you will need to monitor for possible bearish 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 bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.3

Comment on the analysis

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 Bader almutairi. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The USD/JPY price is 151.17 JPY. On the day, this instrument lost -0.24% and was between 151.03 JPY and 151.97 JPY. This implies that the price is at +0.09% from its lowest and at -0.53% from its highest.

151.03

151.97

151.17

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

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

A technical analysis in 15 min. of this USD/JPY chart shows a sharp bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being 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 strong bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of channel

Type : Bullish

Timeframe : 15 minutes

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami cross

Type : Bullish

Timeframe : 15 minutes

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	148.92	150.17	151.02	151.17	151.85
Change (%)	-1.49%	-0.66%	-0.10%	-	+0.45%
Change	-2.25	-1.00	-0.15	-	+0.68
Level	Minor	Major	Major	-	Intermediate

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	150.87	151.04	151.28	151.45	151.69	151.86	152.10
Camarilla	151.42	151.46	151.49	151.53	151.57	151.61	151.64
Woodie	150.92	151.06	151.33	151.47	151.74	151.88	152.15
Fibonacci	151.04	151.19	151.29	151.45	151.60	151.70	151.86

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	146.64	147.77	149.59	150.72	152.54	153.67	155.49
Camarilla	150.59	150.86	151.13	151.40	151.67	151.94	152.21
Woodie	146.98	147.94	149.93	150.89	152.88	153.84	155.83
Fibonacci	147.77	148.90	149.60	150.72	151.85	152.55	153.67

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	142.01	143.95	147.01	148.95	152.01	153.95	157.01
Camarilla	148.70	149.15	149.61	150.07	150.53	150.99	151.45
Woodie	142.57	144.23	147.57	149.23	152.57	154.23	157.57
Fibonacci	143.95	145.86	147.04	148.95	150.86	152.04	153.95

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	32.06
MACD (12,26,9):	-0.1300
Directional Movement:	-22.25
AROON (14):	-57.14
DEMA (21):	151.28
Parabolic SAR (0,02-0,02-0,2):	151.63
Elder Ray (13):	-0.17
Super Trend (3,10):	151.61
Zig ZAG (10):	151.14
VORTEX (21):	0.8000
Stochastique (14,3,5):	14.35
TEMA (21):	151.15
Williams %R (14):	-93.67
Chande Momentum Oscillator (20):	-0.63
Repulse (5,40,3):	-0.0800
ROCnROLL:	2
TRIX (15,9):	-0.0100
Courbe Coppock:	0.63

MA7:	151.25
MA20:	149.60
MA50:	149.24
MA100:	147.73
MAexp7:	151.20
MAexp20:	151.43
MAexp50:	151.54
MAexp100:	151.52
Price / MA7:	-0.05%
Price / MA20:	+1.05%
Price / MA50:	+1.29%
Price / MA100:	+2.33%
Price / MAexp7:	-0.02%
Price / MAexp20:	-0.17%
Price / MAexp50:	-0.24%
Price / MAexp100:	-0.23%

Quotes : - Real time data - Forex

News

The latest news and videos published on USD/JPY at the time of the analysis were as follows:

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

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