CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Japanese Yen Analysis Analysis

EU Session Analysis for CFD Instruments 13/12/2024

Fundamental analysis

13 December, 2024

The US Dollar inched lower against the Japanese Yen in Asian trading below 153.00 levels.

The pair rose towards a more than two week high in the Asian session following news that the Bank of Japan might go through with an interest rate rise by 25bps. In Japan, Industrial Production data was published showing worse than expected data (2.8% vs 3.0% expected). In the US, Export and Import price indices data will be released (13:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 13/12/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 13/12/2024

Support & Resistance Level Explanation
Resistance 2 153.88 Daily R2
Resistance 1 153.45 Daily R1
Support 1 152.30 Daily S1
Support 2 151.87 Daily S2

USDJPY Indicator Table - 13/12/2024

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 - 13/12/2024

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

USDJPY 13/12/2024 - Reference Price : 152.88

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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