USD/JPY - 15 min. - Technical analysis published on 10/22/2024 (GMT)
- 145
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Bearish under 151.31 JPY
My targets
150.20 JPY (-0.57)
149.51 JPY (-1.26)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for USD/JPY as long as the price remains well below 151.31 JPY. The next bearish objective for sellers is set at 150.20 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 149.51 JPY. In case of crossing, the next objective would be the support located at 148.40 JPY. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 150.20 JPY. With this support, against the trend traders who want to buy USD/JPY on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.4
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever 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 instrument 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 content. 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.
This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The USD/JPY rating is 150.77 JPY. The price registered an increase of +0.10% on the session and was traded between 150.50 JPY and 151.11 JPY over the period. The price is currently at +0.18% from its lowest and -0.23% from its highest.150.50
151.11
150.77
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of USD/JPY indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. An assessment of moving averages reveals several bearish and bullish signals:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 15 minutes
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : 15 minutes
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 15 minutes
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 6 are neutral and 8 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 15 minutes
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 148.86 | 149.54 | 150.17 | 150.77 | 155.12 | 158.33 | 161.59 |
| Change (%) | -1.27% | -0.82% | -0.40% | - | +2.89% | +5.01% | +7.18% |
| Change | -1.91 | -1.23 | -0.60 | - | +4.35 | +7.56 | +10.82 |
| Level | Major | Minor | Major | - | Minor | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.71 | 148.40 | 149.51 | 150.20 | 151.31 | 152.00 | 153.11 |
| Camarilla | 150.13 | 150.29 | 150.46 | 150.62 | 150.79 | 150.95 | 151.12 |
| Woodie | 147.92 | 148.51 | 149.72 | 150.31 | 151.52 | 152.11 | 153.32 |
| Fibonacci | 148.40 | 149.09 | 149.51 | 150.20 | 150.89 | 151.31 | 152.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 147.34 | 148.10 | 148.81 | 149.57 | 150.28 | 151.04 | 151.75 |
| Camarilla | 149.13 | 149.26 | 149.40 | 149.53 | 149.67 | 149.80 | 149.93 |
| Woodie | 147.33 | 148.09 | 148.80 | 149.56 | 150.27 | 151.03 | 151.74 |
| Fibonacci | 148.10 | 148.66 | 149.01 | 149.57 | 150.13 | 150.48 | 151.04 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 132.17 | 135.87 | 139.80 | 143.50 | 147.43 | 151.13 | 155.06 |
| Camarilla | 141.62 | 142.32 | 143.02 | 143.72 | 144.42 | 145.12 | 145.82 |
| Woodie | 132.28 | 135.93 | 139.91 | 143.56 | 147.54 | 151.19 | 155.17 |
| Fibonacci | 135.87 | 138.79 | 140.59 | 143.50 | 146.42 | 148.22 | 151.13 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 46.42 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -6.56 | |
| AROON (14): | -14.29 | |
| DEMA (21): | 150.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 150.95 | |
| Elder Ray (13): | -0.13 | |
| Super Trend (3,10): | 151.05 | |
| Zig ZAG (10): | 150.77 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 30.51 | |
| TEMA (21): | 150.78 | |
| Williams %R (14): | -55.88 | |
| Chande Momentum Oscillator (20): | -0.10 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.09 |
| MA7: | 149.91 | |
| MA20: | 147.71 | |
| MA50: | 145.61 | |
| MA100: | 150.73 | |
| MAexp7: | 150.80 | |
| MAexp20: | 150.83 | |
| MAexp50: | 150.80 | |
| MAexp100: | 150.64 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +2.07% | |
| Price / MA50: | +3.54% | |
| Price / MA100: | +0.03% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | -0.01% | |
| Price / MAexp100: | +0.09% |
Quotes :
-
Real time data
-
Forex
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 Forecast October 18, 2024
-
USD/JPY Forecast October 16, 2024
-
USD/JPY Forecast October 15, 2024
-
USD/JPY Continues to Grind Higher for the Week: Long Term Forecast by Chris Lewis (October 11)
-
USD/JPY Continues to Show Strength: Forecast & Technical Analysis by Chris Lewis (October 09)
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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…
Add a comment
Comments
0 comments on the analysis USD/JPY - 15 min.