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 24/11/2022

Fundamental analysis

24 November, 2022

The Yen pair depreciated in the asian session to 140.38. Japan printed Services PMI at X.X.. The United States reported Core Durable Goods Orders Month-on-Month for October at 0.5% vs 0.1% expected. Initial Jobless Claims printed 240k vs 225k expected. New Home Sales Month-on-Month for October reported 632k vs 570k expected. Michigan Consumer Sentiment for November was reported at 56.8. The consensus was 55.0.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 24/11/2022
Time Frame: 1 hour

USDJPY Support & Resistance Table - 24/11/2022

Support & Resistance Level Explanation
Resistance 2 140.02 Daily R2
Resistance 1 139.51 Daily R1
Support 1 138.17 Daily S1
Support 2 137.67 Daily S2

USDJPY Indicator Table - 24/11/2022

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

USDJPY Indicator / Period Table - 24/11/2022

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Neutral BuyBuy
RSI (14) Buy NeutralBuy
SMA 20 Sell SellBuy

USDJPY 24/11/2022 - Reference Price : 138.84

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