CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Japanese Yen Analysis Analysis

US Session Analysis for CFD Instruments 17/04/2024

Fundamental analysis

17 April, 2024

The US Dollar was slightly weaker against the Japanese Yen in European trading, trading below 155.000 levels.

Japan will not be reporting major economic data today. The United States is not anticipated to report any significant economic data today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 17/04/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 17/04/2024

Support & Resistance Level Explanation
Resistance 2 155.31 Daily R2
Resistance 1 155.01 Daily R1
Support 1 154.22 Daily S1
Support 2 153.92 Daily S2

USDJPY Indicator Table - 17/04/2024

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

USDJPY Indicator / Period Table - 17/04/2024

Indicator / Period Day - BuyWeek - BuyMonth - Buy
MACD( 12;26;9) Buy BuyBuy
RSI (14) Neutral BuyBuy
SMA 20 Buy BuyBuy

USDJPY 17/04/2024 - Reference Price : 154.63

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (1)
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US Dollar - Japanese Yen Chart
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