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 12/12/2024

Fundamental analysis

12 December, 2024

The US Dollar rose against the Japanese Yen in European trading above 152.00 levels.

The currency pair has experienced a rise in this morning’s session following a more hesitant BoJ which signals keeping the interest rates at the same level (0,25%). In Japan, Q4 Large Manufacturers Index (13 exp) and Q4 Large Non Manufacturers Index (33 exp) will be posted (23:50 GMT). In the US, Initial Jobless Claims data (221k exp) and PPI Inflation data for November (0.2% exp) will be released (13:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 12/12/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 12/12/2024

Support & Resistance Level Explanation
Resistance 2 153.29 Daily R2
Resistance 1 152.85 Daily R1
Support 1 151.69 Daily S1
Support 2 151.25 Daily S2

USDJPY Indicator Table - 12/12/2024

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

USDJPY Indicator / Period Table - 12/12/2024

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

USDJPY 12/12/2024 - Reference Price : 152.24

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