CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Dollar - Japanese Yen Analysis Analysis

US Session Analysis for CFD Instruments 30/07/2021

Fundamental analysis

30 July, 2021

The USD/JPY pair edged upwards on Friday. It is 109.54 at midday in Europe. The dollar has been falling against a basket of other currencies after the Fed announced no change to its rate policy or on tapering at its meeting on Wednesday. US GDP data and Initial jobless claims data also came in worse than expected on Thursday. Japanese Industrial Production figures for June came in better than expected at 6.2% vs 5% expected.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 30/07/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 30/07/2021

Support & Resistance Level Explanation
Resistance 2 109.95 Daily R2
Resistance 1 109.79 Daily R1
Support 1 109.35 Daily S1
Support 2 109.19 Daily S2

USDJPY Indicator Table - 30/07/2021

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

USDJPY Indicator / Period Table - 30/07/2021

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

USDJPY 30/07/2021 - Reference Price : 109.58

Sell
Simple Moving AverageBuy (0)Sell (3)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Japanese Yen Chart
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