Dollar - Japanese Yen Analysis Analysis

Evening Analysis for CFD Instruments 11/01/2019

Fundamental analysis

11 January, 2019

USD/JPY remained flat on Friday trading slightly above 108.00. In Japan, data overnight showed that this country logged a current account surplus for the 53rd consecutive month in November. According to the Finance Ministry, in the recording month, the current account surplus stood at 757.2 billion yen (7 billion U.S. dollars). Japan's goods trade deficit stood at 559.1 billion yen (5.16 billion U.S. dollars) and services trade surplus at 12.1 billion yen (111.73 million U.S. dollars) in the reporting period, the ministry's preliminary data showed, of the account's key components. Later this afternoon (13:30 GMT), US Inflation data for December will be in the focus of many market participants.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 11/01/2019
Time Frame: 1 hour

USDJPY Support & Resistance Table - 11/01/2019

Support & Resistance Level Explanation
Resistance 2 108.80 Daily R2
Resistance 1 108.50 Daily R1
Support 1 108.00 Daily S1
Support 2 107.75 Daily S2

USDJPY Indicator Table - 11/01/2019

Indicator Signal
SMA 20 Sell
SMA 50 Buy
SMA 100 Sell
MACD( 12;26;9) Neutral
RSI (14) Buy
Stochastic ( 9;6;3) Buy

USDJPY Indicator / Period Table - 11/01/2019

Indicator / Period Day - BuyWeek - SellMonth - Sell
MACD( 12;26;9) Neutral SellSell
RSI (14) Buy SellSell
SMA 20 Sell SellSell

USDJPY 11/01/2019 - Reference Price : 108.31

Buy
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (2)Sell (0)
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