CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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

US Session Analysis for CFD Instruments 28/04/2023

Fundamental analysis

28 April, 2023

The USD/JPY pair moved sharply higher today. It is currently trading at 136.04. The Bank of Japan kept interest rates unchanged. Tokyo Core CPI Year-on-Year for April printed 3.5% vs 3.2% expected. Industrial Production Month-on-Month was reported at 0.8% vs 0.5% expected. Retail Sales Year-on-Year for March printed 7.2% vs 5.8% expected. The United States will report the Core PCE Price Index Month-on-Month for March.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 28/04/2023
Time Frame: 1 hour

USDJPY Support & Resistance Table - 28/04/2023

Support & Resistance Level Explanation
Resistance 2 136.640 Daily R2
Resistance 1 136.353 Daily R1
Support 1 135.586 Daily S1
Support 2 135.299 Daily S2

USDJPY Indicator Table - 28/04/2023

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

USDJPY Indicator / Period Table - 28/04/2023

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

USDJPY 28/04/2023 - Reference Price : 135.970

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