CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 01/10/2024

Fundamental analysis

01 October, 2024

The US Dollar jumped against the Japanese Yen in Asian trading, above 144.00 levels.

The pair continued its sharp increase which began in yesterday’s Asian session, recovering over half the losses seen since the surprise Japanese election result at the end of last week. In Japan, the unemployment rate came in lower than expected at 2.5%. In the United States, September’s Global US Manufacturing PMI (47.0 expected), ISM Manufacturing PMI (47.6 expected) and JOLT Job Openings data (7.640M) for August will be released (15:00 GMT+1).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 01/10/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 01/10/2024

Support & Resistance Level Explanation
Resistance 2 145.98 Daily R2
Resistance 1 145.29 Daily R1
Support 1 143.44 Daily S1
Support 2 142.75 Daily S2

USDJPY Indicator Table - 01/10/2024

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

USDJPY Indicator / Period Table - 01/10/2024

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

USDJPY 01/10/2024 - Reference Price : 144.36

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