The USD/JPY pair edged upwards, trading around 109.82 during the Asian session. The pair climbed higher on Wednesday ahead of the U.S. federal Reserve’s interest rate decision. The Bank of Japan left its interest rates at 0.10%, as expected. In the United States, Existing Home Sales for August came in at 5.88 million, down 2.0%, Month-over-Month, and just below the 5.89 million analysts had forecast.
Dollar - Japanese Yen Analysis Analysis
EU Session Analysis for CFD Instruments 23/09/2021
Technical analysis
Time Frame: 1 hour
USDJPY Support & Resistance Table - 23/09/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 110.23 | Daily R2 |
Resistance 1 | 110.04 | Daily R1 |
Support 1 | 109.55 | Daily S1 |
Support 2 | 109.36 | Daily S2 |
USDJPY Indicator Table - 23/09/2021
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 - 23/09/2021
Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
MACD( 12;26;9) | Sell | Buy | Buy |
RSI (14) | Neutral | Neutral | Buy |
SMA 20 | Buy | Sell | Buy |
USDJPY 23/09/2021 - Reference Price : 109.81
Buy |
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