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 28/10/2021

Fundamental analysis

28 October, 2021

The USD/JPY pair moved lower on Thursday. It is 113.616 at lunchtime in Europe. Japan’s Retail Sales for September fell 0.6%, Year-over-Year. The consensus forecast was a drop of 2.3%. The Bank of Japan left interest rates unchanged at -0.10%, as expected. The United States will report 3rd Quarter GDP and Initial Jobless Claims for the past week later today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 28/10/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 28/10/2021

Support & Resistance Level Explanation
Resistance 2 114.052 Daily R2
Resistance 1 113.849 Daily R1
Support 1 113.307 Daily S1
Support 2 113.104 Daily S2

USDJPY Indicator Table - 28/10/2021

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 - 28/10/2021

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

USDJPY 28/10/2021 - Reference Price : 113.578

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