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 22/11/2024

Fundamental analysis

22 November, 2024

The US Dollar fell against the Japanese Yen in European trading below 155.00 levels.

The USD/JPY declined after new PMI data was published showing worse than expected results which created negative pressures on the Japanese yen. In Japan, the Manufacturing PMI was published showing worse than expected results (49.0 vs 49.5 expected) and the Services PMI also showing worse results (50.2 vs 49.7 in the previous month). In the United States, the US Services PMI will be published at (14:45 GMT) expecting a level of 55.0.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 22/11/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 22/11/2024

Support & Resistance Level Explanation
Resistance 2 155.57 Daily R2
Resistance 1 155.05 Daily R1
Support 1 153.67 Daily S1
Support 2 153.15 Daily S2

USDJPY Indicator Table - 22/11/2024

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

USDJPY Indicator / Period Table - 22/11/2024

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

USDJPY 22/11/2024 - Reference Price : 154.42

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