USD/JPY - 1H - Technical analysis published on 08/14/2019 (GMT)
- 165
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
22%
44%
33%
My opinion
Bearish under 106.24 JPY
My targets
105.50 JPY (-0.36%)
105.05 JPY (-0.78%)
My analysis
USD/JPY is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 106.24 JPY, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 105.50 JPY. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 105.05 JPY would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 104.74 JPY. Beware of a possible return to above the resistance located at 106.24 JPY which would be a sign of a correction of the short-term bearish excesses registered.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/JPY rating is 105.88 JPY. The price is lower by -0.68% since the last closing and was traded between 105.65 JPY and 106.63 JPY over the period. The price is currently at +0.22% from its lowest and -0.70% from its highest.105.65
106.63
105.88
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of USD/JPY in 1H shows an overall slightly bearish trend. 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could be reinforced by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of triangle is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 104.74 | 105.05 | 105.50 | 105.88 | 106.24 | 106.63 | 106.85 |
| Change (%) | -1.08% | -0.78% | -0.36% | - | +0.34% | +0.71% | +0.92% |
| Change | -1.14 | -0.83 | -0.38 | - | +0.36 | +0.75 | +0.97 |
| Level | Major | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 103.53 | 104.29 | 105.45 | 106.21 | 107.37 | 108.13 | 109.29 |
| Camarilla | 106.07 | 106.25 | 106.42 | 106.60 | 106.78 | 106.95 | 107.13 |
| Woodie | 103.72 | 104.39 | 105.64 | 106.31 | 107.56 | 108.23 | 109.48 |
| Fibonacci | 104.29 | 105.03 | 105.48 | 106.21 | 106.95 | 107.40 | 108.13 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.12 | 104.19 | 104.94 | 106.01 | 106.76 | 107.83 | 108.58 |
| Camarilla | 105.18 | 105.35 | 105.51 | 105.68 | 105.85 | 106.01 | 106.18 |
| Woodie | 102.95 | 104.11 | 104.77 | 105.93 | 106.59 | 107.75 | 108.41 |
| Fibonacci | 104.19 | 104.89 | 105.32 | 106.01 | 106.71 | 107.14 | 107.83 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 105.90 | 106.55 | 107.69 | 108.34 | 109.48 | 110.13 | 111.27 |
| Camarilla | 108.33 | 108.49 | 108.66 | 108.82 | 108.98 | 109.15 | 109.31 |
| Woodie | 106.14 | 106.67 | 107.93 | 108.46 | 109.72 | 110.25 | 111.51 |
| Fibonacci | 106.55 | 107.24 | 107.66 | 108.34 | 109.03 | 109.45 | 110.13 |
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): | 44.74 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -3.86 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 106.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 106.48 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 106.43 | |
| Zig ZAG (10): | 105.91 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 32.72 | |
| TEMA (21): | 105.84 | |
| Williams %R (14): | -68.29 | |
| Chande Momentum Oscillator (20): | -0.53 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.92 |
| MA7: | 105.98 | |
| MA20: | 107.23 | |
| MA50: | 107.76 | |
| MA100: | 109.20 | |
| MAexp7: | 105.92 | |
| MAexp20: | 106.06 | |
| MAexp50: | 106.00 | |
| MAexp100: | 105.97 | |
| Price / MA7: | -0.09% | |
| Price / MA20: | -1.26% | |
| Price / MA50: | -1.74% | |
| Price / MA100: | -3.04% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.17% | |
| Price / MAexp50: | -0.11% | |
| Price / MAexp100: | -0.08% |
News
The last news published on USD/JPY at the time of the generation of this analysis was as follows:
-
USD/JPY Technical Analysis for August 15, 2019 by FXEmpire
-
USD/JPY Technical Analysis for August 14, 2019 by FXEmpire
-
USD/JPY Technical Analysis for August 13, 2019 by FXEmpire
-
USD/JPY Technical Analysis for the week of August 12, 2019 by FXEmpire
-
USD/JPY Technical Analysis for August 12, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis USD/JPY - 1H