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. 70.41% 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 22/05/2023

Fundamental analysis

22 May, 2023

During European trading, the U.S. dollar weakened slightly against the Japanese yen. There were no economic announcements from Japan on Monday, several more Federal Reserve officials will make public addresses in the afternoon, which may reflect on the currency's exchange rate. During trading so far, the US dollar is exchanged for 137.97 Japanese yen.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 22/05/2023
Time Frame: 1 hour

USDJPY Support & Resistance Table - 22/05/2023

Support & Resistance Level Explanation
Resistance 2 138.74 Daily R2
Resistance 1 138.40 Daily R1
Support 1 137.48 Daily S1
Support 2 137.14 Daily S2

USDJPY Indicator Table - 22/05/2023

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 - 22/05/2023

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

USDJPY 22/05/2023 - Reference Price : 137.84

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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