CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% 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. 70.91% 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 all your money. Read full risk warning.

Dollar - Japanese Yen Analysis Analysis

US Session Analysis for CFD Instruments 26/01/2021

Fundamental analysis

26 January, 2021

The USD/JPY pair moved modestly higher on Tuesday. It is presently 103.792. The Bank of Japan released the minutes of its last Monetary Policy COmmittee meeting. The minutes made it clear the bank is prepared to take whatever action is necessary to support the economy and that interest rates will remain at their present levels or even lower for the foreseeable future. The Bank of Japan Core CPI fell 0.1% , Year-over-Year. The United States will post some housing data and consumer confidence figures this afternoon.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 26/01/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 26/01/2021

Support & Resistance Level Explanation
Resistance 2 103.96 Daily R2
Resistance 1 103.86 Daily R1
Support 1 103.62 Daily S1
Support 2 103.52 Daily S2

USDJPY Indicator Table - 26/01/2021

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

USDJPY Indicator / Period Table - 26/01/2021

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

USDJPY 26/01/2021 - Reference Price : 103.73

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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