USDJPY Technical Levels

[Willyw]

Weekly US Dollar / Japanese Yen-USDJPY As of 17/03/17

A black body has formed as prices closed lower than open.

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 4 period(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased0.09%, and has been fluctuating from a high of 115.503 to a low of 111.690.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Buy43 Period(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 11 period(s) ago.


The RSI has just reached its lowest value in the last 14 period(s). This is BEARISHsignal.The RSI has set a new 14-period low while the price of US Dollar / Japanese Yen has not. This is a BEARISH DIVERGENCE.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.


The last Directional Movement Indicators (DMI) signal was a BUY 17 period(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell7 period(s) ago.

The close is currently

ABOVE its 200 weekly moving average

ABOVE its 50 weekly moving average

ABOVE its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Very Bullish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 44.5%. Bollinger Bands are 29.61% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[csc2009]

The pair consolidating lower indicating the likelihood of further decline towards 112.00 level.

 

[Willyw]

Weekly US Dollar / Japanese Yen-USDJPY As of 24/03/17

A black body has formed as prices closed lower than open.

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 5 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased1.58%, and has been fluctuating from a high of 115.503 to a low of 110.624.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

No Stochastic Buy or Sell signals generated today. The last signal was a Buy44 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 12 week(s) ago.


The RSI has just reached its lowest value in the last 14 week(s). This is BEARISHsignal.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.

The Directional Movement Indicators (DMI) are showing a SELL signal for US Dollar / Japanese Yen.

The last Directional Movement Indicators (DMI) signal was a SELL0 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell8 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Mildly Bullish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 22.4%. Bollinger Bands are 3.06% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[csc2009]

The pair remains vulnerable on the downside, further decline might be expected, my next target is at 109 level.

 

[csc2009]

Usd/Jpy is showing short term momentum indicating a bit higher, on the downside 110.10/00 act as strong support zone.

 

[csc2009]

The pair seems in a correction mood, but well within negative territory, break below 111.00 level would like lead to further decline.

 

[Willyw]

US Dollar / Japanese Yen-USDJPY As of 05/04/17

*** Intra-Daily Trading Strategy:SELL US Dollar / Japanese Yen

Sell Target: 109.9953

Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING only!!!!!


A big bearish black candle has formed. Prices closed considerably lower than open. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

The previous 10 candlestick bars, there are 4 white candles versus 5 black candles with a net of 1 black candles.

The previous 50 candlestick bars, there are 21 white candles versus 28 black candles with a net of 7 black candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 13 day(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased2.05%, and has been fluctuating from a high of 113.490 to a low of 110.113.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Buy4 Day(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 72 day(s) ago.


Currently the RSI does not show any Failure Swings. The price of US Dollar / Japanese Yen has set a new 14-period low while the RSI has not. This is a BULLISH DIVERGENCE.

Currently, the Momentum Oscillator is in an oversoldcondition.


The Directional Movement Indicators (DMI) currently is not indicating a specific price direction. Because this is a trend following system, it should not use to initiate any trades right now. The last Directional Movement Indicators (DMI) signal was a SELL59 day(s) ago.

There were no SAR signals generated today. The last SAR signal was a Buy3 day(s) Ago.

The close is currently

BELOW its 200 daily moving average

BELOW its 50 daily moving average

BELOW its 20 daily moving average

The current market condition for US Dollar / Japanese Yen is Very Bearish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 20.0%. Bollinger Bands are 10.65% wider than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

Weekly US Dollar / Japanese Yen-USDJPY As of 07/04/17

A white body has formed as prices closed higher than open.

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.

MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 7 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased1.81%, and has been fluctuating from a high of 115.503 to a low of 110.113.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Buy46 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 14 week(s) ago.


The RSI has just reached its lowest value in the last 14 week(s). This is BEARISHsignal.

Currently, the Momentum Oscillator does not show an overbought or oversold condition.


The last Directional Movement Indicators (DMI) signal was a SELL2 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell10 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Mildly Bullish

US Dollar / Japanese Yen closed above the lower Bollinger Band by 9.6%. Bollinger Bands are 21.60% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[Willyw]

Weekly US Dollar / Japanese Yen-USDJPY As of 14/04/17

A big bearish black candle has formed. Prices closed considerably lower than open. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area, a moving average, trend line, or price resistance level, the long black candle adds credibility to the resistance. Likewise, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.

The previous 50 candlestick bars, there are 28 white candles versus 22 black candles with a net of 6 white candles.

A engulfing bearish line has formed where a black candle's real body completely contains the previous white candle's real body. The engulfing bearish pattern is bearish during an uptrend. It signifies that the momentum may be shifting from the bulls to the bears.

If the engulfing bearish pattern occurs during a downtrend (which is the case with US Dollar / Japanese Yen), it may be a last engulfing bottom which indicates a bullish reversal. The test to see if this is the case is if the next candle closes above the bottom the current (black) candle's real body.MACD is BEARISH as the MACD is below the signal line.

The MACD crossed below the signal line 8 week(s) ago. Since the MACD crossed the MACD moving average, US Dollar / Japanese Yen's price has decreased3.74%, and has been fluctuating from a high of 115.503 to a low of 108.542.

The MACD is currently not in an Overbought/Oversold range.

There have been no divergence signals during the last 5 periods.

The Stochastic Oscillator is currently below 20. This is an indication of the security being in an "oversold" condition.No Stochastic Buy or Sell signals generated today. The last signal was a Buy47 Week(s) Ago.

The RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal generated when the RSI moves out of an overbought/oversold area. The last signal was a Sell 15 week(s) ago.


The RSI has just reached its lowest value in the last 14 week(s). This is BEARISHsignal.

Currently, the Momentum Oscillator is in an oversoldcondition.


The last Directional Movement Indicators (DMI) signal was a SELL3 week(s) ago.

There were no SAR signals generated today. The last SAR signal was a Sell11 week(s) ago.

The close is currently

ABOVE its 200 weekly moving average

BELOW its 50 weekly moving average

BELOW its 20 weekly moving average

The current market condition for US Dollar / Japanese Yen is Mildly Bullish

US Dollar / Japanese Yen closed below the lower Bollinger Band by 5.5%. Although prices have broken the lower Bollinger Band and a downside breakout is possible, the most likely scenario is for the current trading range that US Dollar / Japanese Yen is in to continue. Bollinger Bands are 9.29% narrower than normal. The current width of the Bollinger Bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

 

[csc2009]

A huge gap up has closed a bit after the first round of French election result, but rally still intact and the pair stay above 110 level. The gap could be fully closed, focus stay on French election.