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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.91% 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 21/10/2024

Fundamental analysis

21 October, 2024

The US Dollar increased against the Japanese Yen in Asian trading, above 149.00 levels.

The Japanese Yen pushed higher in the Asian session after touching a five day low some positive traction during the Asian session on Friday and pared some of the previous day's losses against its American counterpart. In Japan, no major data is scheduled to be released. In the United States, Fed Members Daly and Kashkari will speak (18:00 and 23:40 respectively).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 21/10/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 21/10/2024

Support & Resistance Level Explanation
Resistance 2 149.94 Daily R2
Resistance 1 149.66 Daily R1
Support 1 148.94 Daily S1
Support 2 148.66 Daily S2

USDJPY Indicator Table - 21/10/2024

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

USDJPY Indicator / Period Table - 21/10/2024

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

USDJPY 21/10/2024 - Reference Price : 149.32

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