CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% 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. 70.41% 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 31/01/2022

Fundamental analysis

31 January, 2022

The USD/JPY pair climbed to around 115.50 during the Asian session with the Yen being supported by safe haven demand. The pair finished the European trading day lower after rising earlier in the day. Japan did not post any significant economic data. In the United States, the Core PCE Price Index for December rose 4.9%, Year-over-Year. The consensus forecast was 4.8%. Personal Spending for December fell 0.6%, Month-over-Month, as expected.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 31/01/2022
Time Frame: 1 hour

USDJPY Support & Resistance Table - 31/01/2022

Support & Resistance Level Explanation
Resistance 2 115.94 Daily R2
Resistance 1 115.72 Daily R1
Support 1 115.13 Daily S1
Support 2 114.91 Daily S2

USDJPY Indicator Table - 31/01/2022

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

USDJPY Indicator / Period Table - 31/01/2022

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

USDJPY 31/01/2022 - Reference Price : 115.43

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Japanese Yen Chart
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