USD/JPY - 15 min. - Technical analysis published on 12/05/2019 (GMT)
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- Timeframe : 15 min.
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 108.74 JPY
My targets
108.52 JPY (-0.22)
108.21 JPY (-0.53)
My analysis
The bearish basic trend is very strong on USD/JPY but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 108.74 JPY. Crossing the first support at 108.52 JPY would be a sign of a further potential price plummet. Sellers would then use the next support located at 108.21 JPY as an objective. Crossing it would then enable sellers to target 107.99 JPY. Caution, a return to above the resistance located at 108.74 JPY would be a sign of a possible consolidation phase of the short-term basic trend. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
4.8
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This analysis was given by Edd8011. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
USD/JPY rating 108.74 JPY. On the day, this instrument lost -0.08% with the lowest point at 108.65 JPY and the highest point at 109.00 JPY. The deviation from the price is +0.08% for the low point and -0.24% for the high point.108.65
109.00
108.74
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of USD/JPY in 15 min. shows a overall strongly bearish trend. The signals given by moving averages are 89.29% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : 15 minutes
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 | 107.17 | 108.49 | 108.68 | 108.74 | 108.81 | 108.96 | 109.28 |
| Change (%) | -1.44% | -0.23% | -0.06% | - | +0.06% | +0.20% | +0.50% |
| Change | -1.57 | -0.25 | -0.06 | - | +0.07 | +0.22 | +0.54 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Major |
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 | 107.99 | 108.21 | 108.52 | 108.74 | 109.05 | 109.27 | 109.58 |
| Camarilla | 108.68 | 108.73 | 108.78 | 108.83 | 108.88 | 108.93 | 108.98 |
| Woodie | 108.04 | 108.23 | 108.57 | 108.76 | 109.10 | 109.29 | 109.63 |
| Fibonacci | 108.21 | 108.41 | 108.54 | 108.74 | 108.94 | 109.07 | 109.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 107.82 | 108.23 | 108.86 | 109.27 | 109.90 | 110.31 | 110.94 |
| Camarilla | 109.21 | 109.31 | 109.41 | 109.50 | 109.60 | 109.69 | 109.79 |
| Woodie | 107.94 | 108.29 | 108.98 | 109.33 | 110.02 | 110.37 | 111.06 |
| Fibonacci | 108.23 | 108.62 | 108.87 | 109.27 | 109.66 | 109.91 | 110.31 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 106.59 | 107.24 | 108.37 | 109.02 | 110.15 | 110.80 | 111.93 |
| Camarilla | 109.01 | 109.17 | 109.34 | 109.50 | 109.66 | 109.83 | 109.99 |
| Woodie | 106.83 | 107.36 | 108.61 | 109.14 | 110.39 | 110.92 | 112.17 |
| Fibonacci | 107.24 | 107.92 | 108.34 | 109.02 | 109.70 | 110.12 | 110.80 |
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): | 45.11 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -10.77 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 108.74 | |
| Parabolic SAR (0,02-0,02-0,2): | 108.79 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 108.84 | |
| Zig ZAG (10): | 108.73 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 108.76 | |
| Williams %R (14): | -41.67 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.07 |
| MA7: | 109.09 | |
| MA20: | 108.90 | |
| MA50: | 108.50 | |
| MA100: | 107.79 | |
| MAexp7: | 108.75 | |
| MAexp20: | 108.75 | |
| MAexp50: | 108.78 | |
| MAexp100: | 108.80 | |
| Price / MA7: | -0.32% | |
| Price / MA20: | -0.15% | |
| Price / MA50: | +0.22% | |
| Price / MA100: | +0.88% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.01% | |
| Price / MAexp50: | -0.04% | |
| Price / MAexp100: | -0.06% |
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:
-
USD/JPY Technical Analysis for December 06, 2019 by FXEmpire
-
USD/JPY Technical Analysis for December 05, 2019 by FXEmpire
-
USD/JPY Technical Analysis for December 04, 2019 by FXEmpire
-
USD/JPY Technical Analysis for December 03, 2019 by FXEmpire
-
USD/JPY Technical Analysis for the week of December 02, 2019 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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