CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 06/05/2022

Fundamental analysis

06 May, 2022

The USD/JPY pair is slightly higher today. It is currently trading at 130.491. Japan reported Year-on-Year Core CPI for April at 1.9% vs 1.8% expected. The United States will report ADP Non-farm Payroll for April later today. The Unemployment Rate for April will also be printed later today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 06/05/2022
Time Frame: 1 hour

USDJPY Support & Resistance Table - 06/05/2022

Support & Resistance Level Explanation
Resistance 2 131.274 Daily R2
Resistance 1 130.883 Daily R1
Support 1 129.839 Daily S1
Support 2 129.448 Daily S2

USDJPY Indicator Table - 06/05/2022

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 - 06/05/2022

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

USDJPY 06/05/2022 - Reference Price : 130.361

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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