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 16/06/2022

Fundamental analysis

16 June, 2022

The Yen pair traded lower today. It is currently trading at 132.72. Japan reported a Trade Balance for May at -2.38t vs -2.02t. Year on Year Exports for May came in at 15.8%. The consensus was 16.4%. The United States will print Building Permits for May. Housing Starts for May are also set to print. Initial Jobless Claims will also be printed and The Philly Fed Employment Index will also be reported later today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 16/06/2022
Time Frame: 1 hour

USDJPY Support & Resistance Table - 16/06/2022

Support & Resistance Level Explanation
Resistance 2 134.12 Daily R2
Resistance 1 133.66 Daily R1
Support 1 132.44 Daily S1
Support 2 131.98 Daily S2

USDJPY Indicator Table - 16/06/2022

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

USDJPY Indicator / Period Table - 16/06/2022

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

USDJPY 16/06/2022 - Reference Price : 133.07

Sell
Simple Moving AverageBuy (1)Sell (2)
Technical Indicators - OscillatorsBuy (1)Sell (2)
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US Dollar - Japanese Yen Chart
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