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. 73.43% 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 17/01/2025

Fundamental analysis

17 January, 2025

The US Dollar rose against the Japanese Yen in the European trading session, trading above 155.6 levels.

USD/JPY has been steadily rising since this morning's session following an increased chance of 78% that the BoJ will raise interest rates in their next meeting on January 24. In Japan, CFTC JPY speculative net positions will be published at 20:30 GMT. In the US, Housing Starts data for December (-1.8% last month) and Industrial Production data for December (0.3% expected) will be released at 13:30 GMT and 14:15 GMT respectively.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 17/01/2025
Time Frame: 1 hour

USDJPY Support & Resistance Table - 17/01/2025

Support & Resistance Level Explanation
Resistance 2 156.67 Daily R2
Resistance 1 156.23 Daily R1
Support 1 155.05 Daily S1
Support 2 154.61 Daily S2

USDJPY Indicator Table - 17/01/2025

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

USDJPY Indicator / Period Table - 17/01/2025

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

USDJPY 17/01/2025 - Reference Price : 155.68

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