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 05/03/2021

Fundamental analysis

05 March, 2021

The USD/JPY pair rallied higher. It blasted through the psychological 108 level and is now 108.504. Japan’s economic calendar is empty today. The United States will report Nonfarm Payrolls and the Unemployment Rate for February later today. Rising treasury yields in the United States are powering the Greenback higher against most currencies.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 05/03/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 05/03/2021

Support & Resistance Level Explanation
Resistance 2 108.798 Daily R2
Resistance 1 108.609 Daily R1
Support 1 108.107 Daily S1
Support 2 107.915 Daily S2

USDJPY Indicator Table - 05/03/2021

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

USDJPY Indicator / Period Table - 05/03/2021

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

USDJPY 05/03/2021 - Reference Price : 108.358

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