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 30/05/2024

Fundamental analysis

30 May, 2024

The US Dollar was lower against the Japanese Yen in Asian trading, trading below 158.000 levels.

Japan is not expected to release any major economic data today. Q1 2024 GDP data is anticipated for release in the United States.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 30/05/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 30/05/2024

Support & Resistance Level Explanation
Resistance 2 157.42 Daily R2
Resistance 1 157.25 Daily R1
Support 1 156.81 Daily S1
Support 2 156.64 Daily S2

USDJPY Indicator Table - 30/05/2024

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

USDJPY Indicator / Period Table - 30/05/2024

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

USDJPY 30/05/2024 - Reference Price : 156.96

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