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 04/18/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

67%

28%

My opinion

Bullish above 154.15 JPY

My targets

154.72 JPY (+0.27)

My analysis

A bullish trend on USD/JPY both in substance and in the short term. A purchase could be considered as long as the price remains above 154.15 JPY. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 154.72 JPY. Be careful, a return below 154.15 JPY would be a sign of the trend weakening and a possible correction 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 could be riskier.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.9

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

Additional analysis

Quotes

The USD/JPY rating is 154.45 JPY. The price has increased by +0.07% since the last closing with the lowest point at 153.96 JPY and the highest point at 154.52 JPY. The deviation from the price is +0.32% for the low point and -0.05% for the high point.

153.96

154.52

154.45

Here is a more detailed summary of the historical variations registered by USD/JPY:

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

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of USD/JPY in 1H shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour

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

Price

	S3	S2	S1	R1	Price	R2
ProTrendLines	152.59	153.31	154.15	154.45	154.45	154.72
Change (%)	-1.20%	-0.74%	-0.19%	0%	-	+0.17%
Change	-1.86	-1.14	-0.30	0	-	+0.27
Level	Minor	Intermediate	Minor	Intermediate	-	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
Standard	153.51	153.83	154.09	154.41	154.67	154.99	155.25
Camarilla	154.18	154.23	154.29	154.34	154.39	154.45	154.50
Woodie	153.47	153.82	154.05	154.40	154.63	154.98	155.21
Fibonacci	153.83	154.06	154.19	154.41	154.64	154.77	154.99

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	150.19	150.87	152.03	152.71	153.87	154.55	155.71
Camarilla	152.68	152.85	153.02	153.19	153.36	153.53	153.70
Woodie	150.43	150.99	152.27	152.83	154.11	154.67	155.95
Fibonacci	150.87	151.57	152.01	152.71	153.41	153.85	154.55

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	142.37	144.43	147.86	149.92	153.35	155.41	158.84
Camarilla	149.79	150.29	150.80	151.30	151.80	152.31	152.81
Woodie	143.07	144.77	148.56	150.26	154.05	155.75	159.54
Fibonacci	144.43	146.52	147.82	149.92	152.01	153.31	155.41

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):	56.75
MACD (12,26,9):	-0.0200
Directional Movement:	-12.13
AROON (14):	64.29
DEMA (21):	154.34
Parabolic SAR (0,02-0,02-0,2):	154.02
Elder Ray (13):	0.04
Super Trend (3,10):	154.59
Zig ZAG (10):	154.45
VORTEX (21):	0.9300
Stochastique (14,3,5):	85.58
TEMA (21):	154.34
Williams %R (14):	-17.86
Chande Momentum Oscillator (20):	0.19
Repulse (5,40,3):	0.1100
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.06

MA7:	153.86
MA20:	152.33
MA50:	150.74
MA100:	148.16
MAexp7:	154.39
MAexp20:	154.38
MAexp50:	154.37
MAexp100:	154.09
Price / MA7:	+0.38%
Price / MA20:	+1.39%
Price / MA50:	+2.46%
Price / MA100:	+4.25%
Price / MAexp7:	+0.04%
Price / MAexp20:	+0.05%
Price / MAexp50:	+0.05%
Price / MAexp100:	+0.23%

Quotes : - Real time data - Forex

News

The last news published on USD/JPY at the time of the generation of this analysis was as follows:

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

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