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 21/11/2024

Fundamental analysis

21 November, 2024

The US Dollar fell against the Japanese Yen in Asian trading below 155.00 levels.

The dollar Japanese Yen declined after Bank of Japan Governor Ueda stated that the bank’s future monetary policy would be data driven. In Japan, National Core CPI data for October (2.2% exp) will be posted (23:30 GMT). In the United States, Initial Jobless Claims (220k expected) and Philadelphia Fed Manufacturing Index for November (6.3 exp) will be posted (13:30 GMT). US Existing Home Sales for October (3.94mln exp) will be released (15:00 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 21/11/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 21/11/2024

Support & Resistance Level Explanation
Resistance 2 156.04 Daily R2
Resistance 1 155.54 Daily R1
Support 1 154.20 Daily S1
Support 2 153.70 Daily S2

USDJPY Indicator Table - 21/11/2024

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 - 21/11/2024

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

USDJPY 21/11/2024 - Reference Price : 154.86

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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