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. 70.91% 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 02/06/2025

Fundamental analysis

02 June, 2025

The US Dollar edged lower against the Japanese Yen in Asian trading below 144.00 levels.
The USD/JPY pair fell for a third consecutive day on a weaker dollar after higher than expected Japanese inflation linked data on Friday increased expectations of rate hikes from the Bank of Japan. In Japan, Q4 Capital Spending data for April (-0.2% last month) will be posted (00:50 GMT+1) In the US, ISM Manufacturing data for May (48.7 exp) will be posted (13:30 GMT+1) and Fed Chair Powell will Speak (18:00 GMT+1).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 02/06/2025
Time Frame: 1 hour

USDJPY Support & Resistance Table - 02/06/2025

Support & Resistance Level Explanation
Resistance 2 144.65 Daily R2
Resistance 1 144.12 Daily R1
Support 1 142.70 Daily S1
Support 2 142.16 Daily S2

USDJPY Indicator Table - 02/06/2025

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

USDJPY Indicator / Period Table - 02/06/2025

Indicator / Period Day - SellWeek - SellMonth - Sell
MACD( 12;26;9) Sell SellSell
RSI (14) Sell SellSell
SMA 20 Sell SellSell

USDJPY 02/06/2025 - Reference Price : 143.41

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