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 17/06/2021

Fundamental analysis

17 June, 2021

The USD/JPY pair was broadly unchanged, trading around 110.70 during the Asian session. The pair declined on Wednesday. Japan’s Exports for May climbed 49.6%, Month-over-Month. Japan’s Trade Balance for May was -187.1 billion Japanese Yen. In the United States, Building Permits for May came in at 1.681 million, just shy of the 1.730 million predicted. U.S. Housing Starts for May rose 3.6%, Month-over-Month. The U.S. Federal Reserve will release its interest rate decision and hold a press conference after the European trading day.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 17/06/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 17/06/2021

Support & Resistance Level Explanation
Resistance 2 111.02 Daily R2
Resistance 1 110.86 Daily R1
Support 1 110.43 Daily S1
Support 2 110.27 Daily S2

USDJPY Indicator Table - 17/06/2021

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

USDJPY Indicator / Period Table - 17/06/2021

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

USDJPY 17/06/2021 - Reference Price : 110.62

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (0)Sell (2)
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US Dollar - Japanese Yen Chart
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