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 22/10/2024

Fundamental analysis

22 October, 2024

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

The pair rose in the Asian session after Japanese government officials continued to suggest the Bank of Japan should maintain interest rates at the currency levels until the end of the year. In Japan, no data is scheduled to be released today. In the United States, Fed Member Harker will speak (15:00 GMT+1).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 22/10/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 22/10/2024

Support & Resistance Level Explanation
Resistance 2 151.64 Daily R2
Resistance 1 151.31 Daily R1
Support 1 150.43 Daily S1
Support 2 150.10 Daily S2

USDJPY Indicator Table - 22/10/2024

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

USDJPY Indicator / Period Table - 22/10/2024

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

USDJPY 22/10/2024 - Reference Price : 150.87

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