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. 73.43% 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 all your money. Read full risk warning.

Dollar - Japanese Yen Analysis Analysis

EU Session Analysis for CFD Instruments 31/01/2025

Fundamental analysis

31 January, 2025

The US Dollar is up against the Japanese Yen in Asian trading above 154.60 levels.

The USD/JPY pair is trading in an upward direction during the Asian trading session, as the American dollar is on the rise after the Federal Reserve’s interest rate decision and positive Initial Jobless Claims data from yesterday. In Japan, no major data releases will be posted today. In the US, Core PCE Price Index figures for December (2.8% exp) will be posted (13:30 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 31/01/2025
Time Frame: 1 hour

USDJPY Support & Resistance Table - 31/01/2025

Support & Resistance Level Explanation
Resistance 2 155.79 Daily R2
Resistance 1 155.33 Daily R1
Support 1 154.09 Daily S1
Support 2 153.63 Daily S2

USDJPY Indicator Table - 31/01/2025

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

USDJPY Indicator / Period Table - 31/01/2025

Indicator / Period Day - SellWeek - SellMonth - Buy
MACD( 12;26;9) Sell NeutralBuy
RSI (14) Sell SellBuy
SMA 20 Sell SellBuy

USDJPY 31/01/2025 - Reference Price : 154.71

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