USD/JPY - 15 min. - Technical analysis published on 02/26/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
33%
33%
33%
My opinion
Bullish above 109.77 JPY
My targets
110.41 JPY (+0.01)
110.92 JPY (+0.52)
My analysis
The basic trend is currently slightly bullish on USD/JPY and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 109.77 JPY, purchases could be favourable. The first bullish objective would be the resistance located at 110.41 JPY. Then the price could move towards 110.92 JPY. Then 111.56 JPY by extension. A return under the support to 109.77 JPY could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.4
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This analysis was given by dbranez. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/JPY rating is 110.40 JPY. The price is lower by +0.10% since the last closing and was traded between 110.13 JPY and 110.58 JPY over the period. The price is currently at +0.25% from its lowest and -0.16% from its highest.110.13
110.58
110.40
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 this 15 min. chart of USD/JPY indicates that the overall trend is slightly bullish. 50% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 15 minutes
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Support of triangle 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 | 108.93 | 109.87 | 110.33 | 110.40 | 111.04 | 111.69 | 112.05 |
Change (%) | -1.33% | -0.48% | -0.06% | - | +0.58% | +1.17% | +1.49% |
Change | -1.47 | -0.53 | -0.07 | - | +0.64 | +1.29 | +1.65 |
Level | Minor | Major | Intermediate | - | Minor | 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 | 108.62 | 109.26 | 109.77 | 110.41 | 110.92 | 111.56 | 112.07 |
Camarilla | 109.97 | 110.08 | 110.19 | 110.29 | 110.40 | 110.50 | 110.61 |
Woodie | 108.57 | 109.23 | 109.72 | 110.38 | 110.87 | 111.53 | 112.02 |
Fibonacci | 109.26 | 109.70 | 109.97 | 110.41 | 110.85 | 111.12 | 111.56 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 107.48 | 108.56 | 110.06 | 111.14 | 112.64 | 113.72 | 115.22 |
Camarilla | 110.84 | 111.08 | 111.31 | 111.55 | 111.79 | 112.02 | 112.26 |
Woodie | 107.68 | 108.67 | 110.26 | 111.25 | 112.84 | 113.83 | 115.42 |
Fibonacci | 108.56 | 109.55 | 110.16 | 111.14 | 112.13 | 112.74 | 113.72 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 104.60 | 106.12 | 107.24 | 108.76 | 109.88 | 111.40 | 112.52 |
Camarilla | 107.62 | 107.87 | 108.11 | 108.35 | 108.59 | 108.83 | 109.08 |
Woodie | 104.39 | 106.02 | 107.03 | 108.66 | 109.67 | 111.30 | 112.31 |
Fibonacci | 106.12 | 107.13 | 107.76 | 108.76 | 109.77 | 110.40 | 111.40 |
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): | 52.27 | |
MACD (12,26,9): | 0.0300 | |
Directional Movement: | 2.86 | |
AROON (14): | -85.72 | |
DEMA (21): | 110.44 | |
Parabolic SAR (0,02-0,02-0,2): | 110.53 | |
Elder Ray (13): | -0.01 | |
Super Trend (3,10): | 110.25 | |
Zig ZAG (10): | 110.41 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 23.46 | |
TEMA (21): | 110.43 | |
Williams %R (14): | -59.26 | |
Chande Momentum Oscillator (20): | -0.11 | |
Repulse (5,40,3): | 0.0600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0100 | |
Courbe Coppock: | 0.06 |
MA7: | 110.88 | |
MA20: | 109.99 | |
MA50: | 109.58 | |
MA100: | 109.20 | |
MAexp7: | 110.40 | |
MAexp20: | 110.39 | |
MAexp50: | 110.35 | |
MAexp100: | 110.42 | |
Price / MA7: | -0.43% | |
Price / MA20: | +0.37% | |
Price / MA50: | +0.75% | |
Price / MA100: | +1.10% | |
Price / MAexp7: | -0% | |
Price / MAexp20: | +0.01% | |
Price / MAexp50: | +0.05% | |
Price / MAexp100: | -0.02% |
News
The last news published on USD/JPY at the time of the generation of this analysis was as follows:
- Japanese Yen Trend Analysis: USD/JPY May Rise on S&P 500 Dip Buying
- USD/JPY Technical Analysis for February 26, 2020 by FXEmpire
- USD/JPY Technical Analysis for February 25, 2020 by FXEmpire
- USD/JPY Technical Analysis for the week of February 24, 2020 by FXEmpire
- USD/JPY Technical Analysis for February 24, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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…
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