CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% 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 30/10/2024

Fundamental analysis

30 October, 2024

The US Dollar declined against the Japanese Yen in European trading below 153.00 levels.

The pair fell as the Yen continued to struggle to attempt a recovery following yesterday’s trading which saw another move close towards a two month high. In Japan, Industrial Production data for September (0.9% exp) will be released (23:50 GMT). In the United States, ADP Nonfarm Employment Change for October (101k exp) will be released (12:15 GMT) and Q3 GDP figures (3% exp) will be revealed (12:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 30/10/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 30/10/2024

Support & Resistance Level Explanation
Resistance 2 153.58 Daily R2
Resistance 1 153.29 Daily R1
Support 1 152.52 Daily S1
Support 2 152.24 Daily S2

USDJPY Indicator Table - 30/10/2024

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

USDJPY Indicator / Period Table - 30/10/2024

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

USDJPY 30/10/2024 - Reference Price : 152.808

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