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 31/10/2022

Fundamental analysis

31 October, 2022

The USD/JPY pair was higher today. It is currently trading at 148.57. Japan reported Industrial Production Month-on-Month for September at -1.6% vs -1.0% expected. Retail Sales Year-on-Year for September printed 4.5% vs 4.1% expected. The United States will print the Chicago PMI for October later today.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 31/10/2022
Time Frame: 1 hour

USDJPY Support & Resistance Table - 31/10/2022

Support & Resistance Level Explanation
Resistance 2 150.570 Daily R2
Resistance 1 149.742 Daily R1
Support 1 147.534 Daily S1
Support 2 146.706 Daily S2

USDJPY Indicator Table - 31/10/2022

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

USDJPY Indicator / Period Table - 31/10/2022

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

USDJPY 31/10/2022 - Reference Price : 148.638

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Japanese Yen Chart
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