CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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 04/02/2025

Fundamental analysis

04 February, 2025

The US Dollar is up against the Japanese Yen in Asian trading above 155.10 levels.

The USD/JPY pair is trading in an upward direction during the Asian trading session, as the American dollar gained some ground after strong economic data came from the USA yesterday, while the Japanese Manufacturing PMI results were worse than expected. In Japan, no major data releases will be posted today. In the US, JOLTS Job Openings for December (8.01M exp) will be posted today (15:00 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 04/02/2025
Time Frame: 1 hour

USDJPY Support & Resistance Table - 04/02/2025

Support & Resistance Level Explanation
Resistance 2 156.08 Daily R2
Resistance 1 155.68 Daily R1
Support 1 154.62 Daily S1
Support 2 154.22 Daily S2

USDJPY Indicator Table - 04/02/2025

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

USDJPY Indicator / Period Table - 04/02/2025

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

USDJPY 04/02/2025 - Reference Price : 155.15

Buy
Simple Moving AverageBuy (2)Sell (1)
Technical Indicators - OscillatorsBuy (2)Sell (1)
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US Dollar - Japanese Yen Chart
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