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

EU Session Analysis for CFD Instruments 01/06/2021

Fundamental analysis

01 June, 2021

The USD/JPY pair declined, trading around 109.47 during the Asian session. The pair fell late in the trading day on Monday as traders dumped dollars to adjust their positions at the end of the month. Japan’s Industrial Production for April rose 2.5%, Month-over-Month. Its Retail Sales for April printed at 12.0%, Year-over-Year. Japanese Housing Starts for April climbed 7.1%, Year-over-Year. There was no economic data out of the United States on Monday since it was a national holiday.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 01/06/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 01/06/2021

Support & Resistance Level Explanation
Resistance 2 109.921 Daily R2
Resistance 1 109.747 Daily R1
Support 1 109.285 Daily S1
Support 2 109.111 Daily S2

USDJPY Indicator Table - 01/06/2021

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

USDJPY Indicator / Period Table - 01/06/2021

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

USDJPY 01/06/2021 - Reference Price : 109.516

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