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 05/02/2025

Fundamental analysis

05 February, 2025

The US Dollar is down against the Japanese Yen in Asian trading below 153.30 levels.
The USD/JPY currency pair is trading in a downward direction during the Asian trading session, as chances that the Bank of Japan will hike rates further were fanned by growth in Japanese real wages in December, underpinning the Japanese Yen. In Japan, no major data releases will be posted today. In the US, ADP Nonfarm Employment Change data for January (148K exp) will be posted today (13:15 GMT).

Technical analysis

Dollar - Japanese Yen Analysis Analysis Technical analysis 05/02/2025
Time Frame: 1 hour

USDJPY Support & Resistance Table - 05/02/2025

Support & Resistance Level Explanation
Resistance 2 154.14 Daily R2
Resistance 1 153.73 Daily R1
Support 1 152.62 Daily S1
Support 2 152.20 Daily S2

USDJPY Indicator Table - 05/02/2025

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 - 05/02/2025

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

USDJPY 05/02/2025 - Reference Price : 153.17

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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