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 10/12/2024

Fundamental analysis

10 December, 2024

The US Dollar fell against the Japanese Yen in European trading below 151.50 levels.

The currency pair is facing strong downward pressure, because it is expected that within the span of a couple of days the FED will lower and the BoJ will raise their interest rates (December 18th and 19th). In Japan, Q4 BSI Large Manufacturing Conditions (1.8 exp) will be posted (23:50 GMT). In the US, Q3 Nonfarm Productivity (2.2% exp) and Unit Labor Costs (1.9% exp) data will be released (13:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 10/12/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 10/12/2024

Support & Resistance Level Explanation
Resistance 2 152.65 Daily R2
Resistance 1 152.20 Daily R1
Support 1 151.02 Daily S1
Support 2 150.57 Daily S2

USDJPY Indicator Table - 10/12/2024

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

USDJPY Indicator / Period Table - 10/12/2024

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

USDJPY 10/12/2024 - Reference Price : 151.68

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
Share It With Your Network
US Dollar - Japanese Yen Chart
Update Time: -
Highest
Lowest
1M 5M H D W
Prices are loading..
Ready for trading?Start Now