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. 70.41% 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 21/12/2022

Fundamental analysis

21 December, 2022

The Yen pair climbed in the asian session to 132.10. The Bank of Japan made an Interest Rate Decision of 0.10%. The consensus was -0.10%. The United States reported Building Permits for November at 1.342m vs 1.485m expected. Housing Starts for November printed 1.427m. The consensus was 1.400m. Existing Home Sales for November will be reported later today along with CB Consumer Confidence for December.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 21/12/2022
Time Frame: 1 hour

USDJPY Support & Resistance Table - 21/12/2022

Support & Resistance Level Explanation
Resistance 2 134.04 Daily R2
Resistance 1 133.19 Daily R1
Support 1 130.92 Daily S1
Support 2 130.08 Daily S2

USDJPY Indicator Table - 21/12/2022

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

USDJPY Indicator / Period Table - 21/12/2022

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

USDJPY 21/12/2022 - Reference Price : 132.07

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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