USD/JPY
USD JPY
110.15 JPY (-0.03%)
Real time - Forex
Open: 110.18
Change: -0.03
Volume: 77,639
Low: 110.05
High: 110.29
High / Low range: 0.24
Type: Forex
Ticker: USDJPY
ISIN:

USD/JPY - 15 min. - Technical analysis published on 12/05/2019

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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

This analysis was given by Edd8011. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 product 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 analysis. 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.

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:

Central Indicators

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:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard107.99108.21108.52108.74109.05109.27109.58
Camarilla108.68108.73108.78108.83108.88108.93108.98
Woodie108.04108.23108.57108.76109.10109.29109.63
Fibonacci108.21108.41108.54108.74108.94109.07109.27


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard107.82108.23108.86109.27109.90110.31110.94
Camarilla109.21109.31109.41109.50109.60109.69109.79
Woodie107.94108.29108.98109.33110.02110.37111.06
Fibonacci108.23108.62108.87109.27109.66109.91110.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard106.59107.24108.37109.02110.15110.80111.93
Camarilla109.01109.17109.34109.50109.66109.83109.99
Woodie106.83107.36108.61109.14110.39110.92112.17
Fibonacci107.24107.92108.34109.02109.70110.12110.80

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:

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

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