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 30/03/2021

Fundamental analysis

30 March, 2021

The USD/JPY pair climbed sharply on Tuesday. It broke the psychological 119 level and is trading at 110.262 at midday in Europe. Japan’s Unemployment Rate for February came in at 2.9%. Analysts had expected 3.0%. Its Retail Sales for February fell 1.5%, Year-over-Year. The consensus forecast was a drop of 2.8%. The United States will release housing price data for January and the CB Consumer Confidence for March later today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 30/03/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 30/03/2021

Support & Resistance Level Explanation
Resistance 2 110.70 Daily R2
Resistance 1 110.54 Daily R1
Support 1 110.12 Daily S1
Support 2 109.96 Daily S2

USDJPY Indicator Table - 30/03/2021

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 - 30/03/2021

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

USDJPY 30/03/2021 - Reference Price : 110.33

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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