USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Forex
Ticker: USDJPY
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USD/JPY - Weekly - Technical analysis published on 01/13/2025 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 154.66 JPY
My targets
161.59 JPY (+4.08)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on USD/JPY as long as the price remains well above 154.66 JPY. The buyers' bullish objective is set at 161.59 JPY. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8

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 arturslaucins. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The USD/JPY price is 157.51 JPY. The price is lower by -0.15% over the 5 days with the lowest point at 156.91 JPY and the highest point at 158.88 JPY. The deviation from the price is +0.38% for the low point and -0.86% for the high point.

156.91
158.88
157.51

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/JPY:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this Weekly chart of USD/JPY indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

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:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : Weekly



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 125.57 140.88 150.17 157.51 161.59
Change (%) -20.28% -10.56% -4.66% - +2.59%
Change -31.94 -16.63 -7.34 - +4.08
Level Intermediate Major Major - 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
Standard155.38156.31157.03157.96158.68159.61160.33
Camarilla157.31157.46157.61157.76157.91158.06158.21
Woodie155.29156.26156.94157.91158.59159.56160.24
Fibonacci156.31156.94157.33157.96158.59158.98159.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard153.73154.99156.37157.63159.01160.27161.65
Camarilla157.03157.28157.52157.76158.00158.24158.49
Woodie153.80155.02156.44157.66159.08160.30161.72
Fibonacci154.99156.00156.62157.63158.64159.26160.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard141.77145.21151.22154.66160.67164.11170.12
Camarilla154.64155.51156.37157.24158.11158.97159.84
Woodie143.07145.85152.52155.30161.97164.75171.42
Fibonacci145.21148.82151.05154.66158.27160.50164.11

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): 60.75
MACD (12,26,9): 1.8300
Directional Movement: 9.47
AROON (14): 92.86
DEMA (21): 155.35
Parabolic SAR (0,02-0,02-0,2): 152.78
Elder Ray (13): 2.95
Super Trend (3,10): 147.99
Zig ZAG (10): 157.53
VORTEX (21): 1.1800
Stochastique (14,3,5): 90.76
TEMA (21): 156.85
Williams %R (14): -12.99
Chande Momentum Oscillator (20): 5.22
Repulse (5,40,3): 1.2100
ROCnROLL: 1
TRIX (15,9): 0.0700
Courbe Coppock: 12.40
MA7: 157.82
MA20: 156.82
MA50: 154.37
MA100: 150.41
MAexp7: 156.13
MAexp20: 153.42
MAexp50: 151.24
MAexp100: 146.76
Price / MA7: -0.20%
Price / MA20: +0.44%
Price / MA50: +2.03%
Price / MA100: +4.72%
Price / MAexp7: +0.88%
Price / MAexp20: +2.67%
Price / MAexp50: +4.15%
Price / MAexp100: +7.32%

Quotes : - Real time data - Forex

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

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