CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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

EU Session Analysis for CFD Instruments 07/04/2021

Fundamental analysis

07 April, 2021

The USD/JPY pair inched upwards to trade around 109.77 during the Asian session. The pair moved sharply lower on Tuesday as the US Dollar tumbled. Japan’s Household Spending for February rose 2.4%, Month-over-Month, and fell 6.6%, Year-over-Year. In the United States, the JOLTS Job Openings for February printed at 7.367 million openings. The consensus forecast was for 6.995 million openings.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 07/04/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 07/04/2021

Support & Resistance Level Explanation
Resistance 2 110.22 Daily R2
Resistance 1 110.04 Daily R1
Support 1 109.56 Daily S1
Support 2 109.38 Daily S2

USDJPY Indicator Table - 07/04/2021

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

USDJPY Indicator / Period Table - 07/04/2021

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

USDJPY 07/04/2021 - Reference Price : 109.71

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