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 03/10/2024

Fundamental analysis

03 October, 2024

The US Dollar inched higher against the Japanese Yen in Asian trading, above 146.00 levels.
The pair hit a six week peak earlier in the Asian session but pared most gains as the session wore on. In Japan, no major data is due to be published today. In the United States, Initial Jobless Claims data (221k expected) will be released (13:15 GMT+1). US Global Services PMI for September (55.4 exp) will be posted (14:45) and ISM Non Manufacturing PMI for September (51.6 exp) will be released (15:00).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 03/10/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 03/10/2024

Support & Resistance Level Explanation
Resistance 2 148.41 Daily R2
Resistance 1 147.65 Daily R1
Support 1 145.61 Daily S1
Support 2 144.85 Daily S2

USDJPY Indicator Table - 03/10/2024

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

USDJPY Indicator / Period Table - 03/10/2024

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

USDJPY 03/10/2024 - Reference Price : 146.77

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