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

EU Session Analysis for CFD Instruments 09/06/2021

Fundamental analysis

09 June, 2021

The USD/JPY pair was broadly unchanged, trading around 109.48 during the Asian session. The pair inched higher on Tuesday. Japan’s 1st Quarter GDP fell 1.0%, Quarter-over-Quarter, and tumbled 3.9%, Year-over-Year. The United States’ Trade Balance for April came in at -$68.90 billion, as expected. The JOLTS Job openings Report for April printed at 9,286 million jobs. The consensus forecast was only 8.300 million job openings.

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 09/06/2021
Time Frame: 1 hour

USDJPY Support & Resistance Table - 09/06/2021

Support & Resistance Level Explanation
Resistance 2 109.867 Daily R2
Resistance 1 109.692 Daily R1
Support 1 109.224 Daily S1
Support 2 109.049 Daily S2

USDJPY Indicator Table - 09/06/2021

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 - 09/06/2021

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

USDJPY 09/06/2021 - Reference Price : 109.458

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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