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Dollar - Japanese Yen Analysis Analysis

US Session Analysis for CFD Instruments 31/07/2020

Fundamental analysis

31 July, 2020

The USD/JPY was slightly higher after the Japanese Yen fell in early morning European trade and then recovered. The USD/JPY pair stood at 104.645 at lunchtime on the European continent. Japan’s Unemployment Rate for June printed at 2.8%, slightly beating analysts’ expectations of 3.1%. Its Industrial Production for June, Month-over-Month came in at 2.7%. The consensus forecast was only 1.2%.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 31/07/2020
Time Frame: 1 hour

USDJPY Support & Resistance Table - 31/07/2020

Support & Resistance Level Explanation
Resistance 2 105.20 Daily R2
Resistance 1 104.96 Daily R1
Support 1 104.33 Daily S1
Support 2 104.10 Daily S2

USDJPY Indicator Table - 31/07/2020

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

USDJPY Indicator / Period Table - 31/07/2020

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

USDJPY 31/07/2020 - Reference Price : 104.95

Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Japanese Yen Chart
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