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 07/05/2024

Fundamental analysis

07 May, 2024

The US Dollar was higher against the Japanese Yen in European trading, trading above 154.000 levels.

Japan has no major economic data to report today. No significant data is anticipated for release in the United States.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 07/05/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 07/05/2024

Support & Resistance Level Explanation
Resistance 2 156.32 Daily R2
Resistance 1 155.57 Daily R1
Support 1 153.55 Daily S1
Support 2 152.79 Daily S2

USDJPY Indicator Table - 07/05/2024

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

USDJPY Indicator / Period Table - 07/05/2024

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

USDJPY 07/05/2024 - Reference Price : 154.48

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