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Dollar - Japanese Yen Analysis Analysis

EU Session Analysis for CFD Instruments 14/02/2020

Fundamental analysis

14 February, 2020

The USD/JPY moved slightly lower during the Asian session on Friday at 109.77 as traders await more key US data tonight in the US and mull the latest developments in the coronavirus. WHO comments to press that “we're not dealing with a spike in cases in one day” caused risk sentiment to fully recover following yesterday’s announcements from the Chinese and the bounce in coronavirus cases due to its new methodology of reporting cases. As a safe haven asset the Yen (and the dollar) has found significant safe haven support since the virus was considered serious. In the US, Retail Sales data for January will be released at 13:30 GMT. At 14:15 GMT, US Industrial Production for January will be released, too.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 14/02/2020
Time Frame: 1 hour

USDJPY Support & Resistance Table - 14/02/2020

Support & Resistance Level Explanation
Resistance 2 109.97 Daily R2
Resistance 1 109.86 Daily R1
Support 1 109.65 Daily S1
Support 2 109.56 Daily S2

USDJPY Indicator Table - 14/02/2020

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

USDJPY Indicator / Period Table - 14/02/2020

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

USDJPY 14/02/2020 - Reference Price : 109.75

Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (0)Sell (3)
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14/02/20 - Friday / Analysis
US Dollar - Japanese Yen Chart
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