USD/JPY
USD JPY
- JPY (-)
- Real time data - Forex
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Type: Forex
Ticker: USDJPY
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USD/JPY - 1H - Technical analysis published on 04/03/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
6%
67%
28%
My opinion
Bearish under 148.70 JPY
My targets
147.08 JPY (-0.66)
144.74 JPY (-3.00)
My analysis
The bearish trend is currently very strong for USD/JPY. As long as the price remains below the resistance at 148.70 JPY, you could try to take advantage of the bearish rally. The first bearish objective is located at 147.08 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 144.74 JPY as an objective. Crossing it would then enable sellers to target 140.85 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
8

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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/JPY price is 147.74 JPY. The price is lower by -0.10% since the last closing and was between 147.74 JPY and 147.97 JPY. This implies that the price is at 0% from its lowest and at -0.16% from its highest.

147.74
147.97
147.74

Here is a more detailed summary of the historical variations registered by USD/JPY:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour


CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3 (Daily)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 3 (Daily)

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 2 (Weekly)

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 2 (Monthly)

Type : Neutral

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 140.85 144.74 147.08 147.74 148.70 148.97 149.55
Change (%) -4.66% -2.03% -0.45% - +0.65% +0.83% +1.23%
Change -6.89 -3.00 -0.66 - +0.96 +1.23 +1.81
Level Major Minor Intermediate - Intermediate Minor Intermediate



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
Standard144.08145.89146.88148.69149.68151.49152.48
Camarilla147.11147.37147.62147.88148.14148.39148.65
Woodie143.68145.69146.48148.49149.28151.29152.08
Fibonacci145.89146.96147.62148.69149.76150.42151.49


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard147.21148.28149.07150.14150.93152.00152.79
Camarilla149.35149.52149.69149.86150.03150.20150.37
Woodie147.07148.21148.93150.07150.79151.93152.65
Fibonacci148.28148.99149.43150.14150.85151.29152.00


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.45144.50147.22149.27151.99154.04156.76
Camarilla148.64149.08149.51149.95150.39150.83151.26
Woodie142.80144.67147.57149.44152.34154.21157.11
Fibonacci144.50146.32147.45149.27151.09152.22154.04

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 24.88
MACD (12,26,9): -0.2500
Directional Movement: -34.93
AROON (14): -21.43
DEMA (21): 149.10
Parabolic SAR (0,02-0,02-0,2): 150.35
Elder Ray (13): -1.15
Super Trend (3,10): 149.33
Zig ZAG (10): 147.89
VORTEX (21): 0.7100
Stochastique (14,3,5): 6.88
TEMA (21): 148.88
Williams %R (14): -92.86
Chande Momentum Oscillator (20): -1.33
Repulse (5,40,3): -0.9900
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.68
MA7: 149.81
MA20: 149.04
MA50: 150.93
MA100: 152.88
MAexp7: 148.88
MAexp20: 149.35
MAexp50: 149.55
MAexp100: 149.70
Price / MA7: -1.38%
Price / MA20: -0.87%
Price / MA50: -2.11%
Price / MA100: -3.36%
Price / MAexp7: -0.76%
Price / MAexp20: -1.07%
Price / MAexp50: -1.20%
Price / MAexp100: -1.30%

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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