The USD/JPY pair inched downwards, trading around 114.45 during the Asian session. The pair continued its week long ascent on Tuesday. The BoJ Core CPI for June printed at 0.3%, Year-over-Year. In the United States, the CB Consumer Confidence for September landed on 109.3, well below its forecast of 114.5. The Case-Shiller Composite-20 Home Price Index for July rose 1.5%, Month-over-Month, and climbed 19.9%, Year-over-Year. The consensus forecasts were 1.7% and 20.0%, respectively.
Dollar - Japanese Yen Analysis Analysis
EU Session Analysis for CFD Instruments 29/09/2021
Technical analysis
Time Frame: 1 hour
USDJPY Support & Resistance Table - 29/09/2021
Support & Resistance | Level | Explanation |
Resistance 2 | 111.87 | Daily R2 |
Resistance 1 | 111.69 | Daily R1 |
Support 1 | 111.20 | Daily S1 |
Support 2 | 111.01 | Daily S2 |
USDJPY Indicator Table - 29/09/2021
Indicator | Signal |
SMA 20 | Buy |
SMA 50 | Buy |
SMA 100 | Buy |
MACD( 12;26;9) | Buy |
RSI (14) | Buy |
Stochastic ( 9;6;3) | Sell |
USDJPY Indicator / Period Table - 29/09/2021
Indicator / Period | Day - Buy | Week - Buy | Month - Buy |
MACD( 12;26;9) | Buy | Buy | Buy |
RSI (14) | Buy | Buy | Buy |
SMA 20 | Buy | Buy | Buy |
USDJPY 29/09/2021 - Reference Price : 111.51
Buy |
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