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 26/12/2024

Fundamental analysis

26 December, 2024

The US Dollar rose against the Japanese Yen in Asian trading above 157.20 levels.

The USD/JPY inched higher slightly during the Asian session ahead of a possible rate increase from the Bank of Japan in January, while the Fed may cut twice in 2025. In Japan, Tokyo Core CPI data for December (2.5% exp) will be published (23:30 GMT). In the US, Initial Jobless Claims data (223k exp) will be released (13:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 26/12/2024
Time Frame: 1 hour

USDJPY Support & Resistance Table - 26/12/2024

Support & Resistance Level Explanation
Resistance 2 158.29 Daily R2
Resistance 1 157.88 Daily R1
Support 1 156.80 Daily S1
Support 2 156.40 Daily S2

USDJPY Indicator Table - 26/12/2024

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 - 26/12/2024

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

USDJPY 26/12/2024 - Reference Price : 157.34

Buy
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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