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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 understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

Dollar - Japanese Yen Analysis Analysis

EU Session Analysis for CFD Instruments 21/02/2025

Fundamental analysis

21 February, 2025

The US Dollar rose against the Japanese Yen in Asian trading above 150.00 levels.

The USD/JPY currency pair bounced back this morning after hitting a two month low in yesterday’s session following comments from Finance Minister Kato outlining how high interest rates may not be positive for the Japanese economy. In Japan, Services PMI data for January came in at 53 exp vs 48.9 actual) earlier this morning. In the US, Manufacturing and Services PMI for February (51.3 and 53 respectively expected) will be released (14:45 GMT), Existing Homes Sales for January (4.13M exp) will be posted (15:00 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 21/02/2025
Time Frame: 1 hour

USDJPY Support & Resistance Table - 21/02/2025

Support & Resistance Level Explanation
Resistance 2 151.29 Daily R2
Resistance 1 150.94 Daily R1
Support 1 150.00 Daily S1
Support 2 149.65 Daily S2

USDJPY Indicator Table - 21/02/2025

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

USDJPY Indicator / Period Table - 21/02/2025

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

USDJPY 21/02/2025 - Reference Price : 150.44

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