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 06/11/2024

Fundamental analysis

06 November, 2024

The US Dollar jumped against the Japanese Yen in European trading below 154.00 levels.

In the European session the pair increased to record a more than three month peak as traders awaited the final result of the US election. In Japan, Services PMI for October came in at 49.7 vs 49.3 exp. In the United States, many US Election results will be revealed today and 30 Year Bond Auction data will be posted (18:00 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 06/11/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 06/11/2024

Support & Resistance Level Explanation
Resistance 2 154.80 Daily R2
Resistance 1 154.45 Daily R1
Support 1 153.51 Daily S1
Support 2 153.16 Daily S2

USDJPY Indicator Table - 06/11/2024

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

USDJPY Indicator / Period Table - 06/11/2024

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

USDJPY 06/11/2024 - Reference Price : 154.18

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