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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.41% 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 23/04/2021

Fundamental analysis

23 April, 2021

The USD/JPY pair moved marginally lower on Friday. It is now 107.859. Japan’s National Core CPI for March fell 0.1%, Year-over-Year, as expected. Japan’s Manufacturing and Services PMI’s for April came in at 53.3 and 48.3 respectively. The United States will release its Manufacturing and Services PMI’s for April along with New Home Sales figures for March later today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 23/04/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 23/04/2021

Support & Resistance Level Explanation
Resistance 2 108.220 Daily R2
Resistance 1 108.069 Daily R1
Support 1 107.667 Daily S1
Support 2 107.516 Daily S2

USDJPY Indicator Table - 23/04/2021

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

USDJPY Indicator / Period Table - 23/04/2021

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

USDJPY 23/04/2021 - Reference Price : 107.868

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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