USD/JPY - 1H - Technical analysis published on 11/27/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 109.21 JPY
My targets
109.94 JPY (+0.59%)
110.57 JPY (+1.17%)
My analysis
The bullish trend is currently very strong on USD/JPY. As long as the price remains above the support at 109.21 JPY, you could try to benefit from the boom. The first bullish objective is located at 109.94 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 110.57 JPY as an objective. Crossing it would then enable buyers to target 112.05 JPY. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.9
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/JPY price is 109.29 JPY. The price registered an increase of +0.17% on the session and was between 109.07 JPY and 109.30 JPY. This implies that the price is at +0.20% from its lowest and at -0.01% from its highest.109.07
109.30
109.29
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this 1H chart of USD/JPY indicates that the overall trend is strongly bullish. 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.
In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 109.07 | 109.14 | 109.21 | 109.29 | 109.94 | 110.57 | 112.05 |
| Change (%) | -0.20% | -0.14% | -0.07% | - | +0.59% | +1.17% | +2.53% |
| Change | -0.22 | -0.15 | -0.08 | - | +0.65 | +1.28 | +2.76 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 108.57 | 108.72 | 108.91 | 109.06 | 109.25 | 109.40 | 109.59 |
| Camarilla | 109.01 | 109.04 | 109.07 | 109.10 | 109.13 | 109.16 | 109.19 |
| Woodie | 108.59 | 108.73 | 108.93 | 109.07 | 109.27 | 109.41 | 109.61 |
| Fibonacci | 108.72 | 108.85 | 108.93 | 109.06 | 109.19 | 109.27 | 109.40 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.47 | 107.87 | 108.26 | 108.66 | 109.05 | 109.45 | 109.84 |
| Camarilla | 108.42 | 108.50 | 108.57 | 108.64 | 108.71 | 108.79 | 108.86 |
| Woodie | 107.46 | 107.87 | 108.25 | 108.66 | 109.04 | 109.45 | 109.83 |
| Fibonacci | 107.87 | 108.18 | 108.36 | 108.66 | 108.97 | 109.15 | 109.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.75 | 105.11 | 106.56 | 107.92 | 109.37 | 110.73 | 112.18 |
| Camarilla | 107.23 | 107.49 | 107.74 | 108.00 | 108.26 | 108.52 | 108.77 |
| Woodie | 103.79 | 105.13 | 106.60 | 107.94 | 109.41 | 110.75 | 112.22 |
| Fibonacci | 105.11 | 106.19 | 106.85 | 107.92 | 109.00 | 109.66 | 110.73 |
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): | 70.24 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 18.34 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 109.20 | |
| Parabolic SAR (0,02-0,02-0,2): | 109.10 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 109.04 | |
| Zig ZAG (10): | 109.26 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 84.03 | |
| TEMA (21): | 109.20 | |
| Williams %R (14): | -5.56 | |
| Chande Momentum Oscillator (20): | 0.15 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.17 |
| MA7: | 108.79 | |
| MA20: | 108.79 | |
| MA50: | 108.33 | |
| MA100: | 107.72 | |
| MAexp7: | 109.19 | |
| MAexp20: | 109.13 | |
| MAexp50: | 109.03 | |
| MAexp100: | 108.92 | |
| Price / MA7: | +0.46% | |
| Price / MA20: | +0.46% | |
| Price / MA50: | +0.89% | |
| Price / MA100: | +1.46% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.24% | |
| Price / MAexp100: | +0.34% |
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 November 27, 2019 by FXEmpire
-
USD/JPY Technical Analysis for November 26, 2019 by FXEmpire
-
USD/JPY Technical Analysis for November 25, 2019 by FXEmpire
-
USD/JPY Technical Analysis for the week of November 25, 2019 by FXEmpire
-
USD/JPY Technical Analysis for November 22, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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