USD/JPY - 15 min. - Technical analysis published on 03/09/2020 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 104.22 JPY
My targets
99.98 JPY (-2.79)
87.29 JPY (-15.48)
My analysis
The bearish trend is currently very strong for USD/JPY. As long as the price remains below the resistance at 104.22 JPY, you could try to take advantage of the bearish rally. The first bearish objective is located at 99.98 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 87.29 JPY as an objective. Crossing it would then enable sellers to target 75.86 JPY. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.4
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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 price is 102.77 JPY. The price is lower by -2.47% since the last closing with the lowest point at 101.56 JPY and the highest point at 104.60 JPY. The deviation from the price is +1.19% for the low point and -1.75% for the high point.101.56
104.60
102.77
The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
New LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of USD/JPY indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel 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 | 75.86 | 87.29 | 99.98 | 102.77 | 104.74 | 105.39 | 107.17 |
| Change (%) | -26.18% | -15.06% | -2.71% | - | +1.92% | +2.55% | +4.28% |
| Change | -26.91 | -15.48 | -2.79 | - | +1.97 | +2.62 | +4.40 |
| Level | Minor | Minor | Major | - | Major | Major | Minor |
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 | 103.44 | 104.22 | 104.79 | 105.57 | 106.14 | 106.92 | 107.49 |
| Camarilla | 105.00 | 105.12 | 105.25 | 105.37 | 105.49 | 105.62 | 105.74 |
| Woodie | 103.35 | 104.17 | 104.70 | 105.52 | 106.05 | 106.87 | 107.40 |
| Fibonacci | 104.22 | 104.73 | 105.05 | 105.57 | 106.08 | 106.40 | 106.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.46 | 102.72 | 104.05 | 106.31 | 107.64 | 109.90 | 111.23 |
| Camarilla | 104.38 | 104.71 | 105.04 | 105.37 | 105.70 | 106.03 | 106.36 |
| Woodie | 99.99 | 102.49 | 103.58 | 106.08 | 107.17 | 109.67 | 110.76 |
| Fibonacci | 102.72 | 104.10 | 104.94 | 106.31 | 107.69 | 108.53 | 109.90 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.56 | 104.54 | 106.28 | 109.26 | 111.00 | 113.98 | 115.72 |
| Camarilla | 106.73 | 107.17 | 107.60 | 108.03 | 108.46 | 108.90 | 109.33 |
| Woodie | 100.95 | 104.23 | 105.67 | 108.95 | 110.39 | 113.67 | 115.11 |
| Fibonacci | 104.54 | 106.34 | 107.45 | 109.26 | 111.06 | 112.17 | 113.98 |
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): | 38.45 | |
| MACD (12,26,9): | -0.5600 | |
| Directional Movement: | -19.35 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 102.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.34 | |
| Elder Ray (13): | -0.16 | |
| Super Trend (3,10): | 103.63 | |
| Zig ZAG (10): | 102.89 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 42.22 | |
| TEMA (21): | 102.30 | |
| Williams %R (14): | -54.81 | |
| Chande Momentum Oscillator (20): | -1.37 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 2.81 |
| MA7: | 106.54 | |
| MA20: | 109.03 | |
| MA50: | 109.19 | |
| MA100: | 109.07 | |
| MAexp7: | 102.70 | |
| MAexp20: | 103.26 | |
| MAexp50: | 104.08 | |
| MAexp100: | 104.77 | |
| Price / MA7: | -3.54% | |
| Price / MA20: | -5.74% | |
| Price / MA50: | -5.88% | |
| Price / MA100: | -5.78% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | -0.47% | |
| Price / MAexp50: | -1.26% | |
| Price / MAexp100: | -1.91% |
News
The latest news and videos published on USD/JPY at the time of the analysis were as follows:
-
USD/JPY Technical Analysis for the week of March 9, 2020 by FXEmpire
-
USD/JPY Technical Analysis for March 9, 2020 by FXEmpire
-
USD/JPY Technical Analysis for March 6, 2020 by FXEmpire
-
Will USD/JPY target 106.48? – 5th March 2020
-
USD/JPY Technical Analysis for March 5, 2020 by FXEmpire
This member declared not having a position on this financial instrument or a related financial instrument.
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