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 19/11/2024

Fundamental analysis

19 November, 2024

The US Dollar fell against the Japanese Yen in European trading below 154.00 levels.

This morning the pair took a steep fall reaching levels of 153.20 following uncertainty over BoJ future interest rate policy and the US administration's potentially hostile trading policies . In Japan, Year on Year Exports data for October (2.2% exp) will be posted (23:50 GMT). In the United States, Housing Starts (1.340 mln exp) and Building Permits data (1.440 mln exp) for October will be released (13:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 19/11/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 19/11/2024

Support & Resistance Level Explanation
Resistance 2 155.01 Daily R2
Resistance 1 154.51 Daily R1
Support 1 153.18 Daily S1
Support 2 152.68 Daily S2

USDJPY Indicator Table - 19/11/2024

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

USDJPY Indicator / Period Table - 19/11/2024

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

USDJPY 19/11/2024 - Reference Price : 153.85

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