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Dollar - Japanese Yen Analysis Analysis

US Session Analysis for CFD Instruments 12/12/2024

Fundamental analysis

12 December, 2024

The US Dollar rose against the Japanese Yen in European trading above 152.00 levels.

The currency pair has experienced a rise in this morning’s session following a more hesitant BoJ which signals keeping the interest rates at the same level (0,25%). In Japan, Q4 Large Manufacturers Index (13 exp) and Q4 Large Non Manufacturers Index (33 exp) will be posted (23:50 GMT). In the US, Initial Jobless Claims data (221k exp) and PPI Inflation data for November (0.2% exp) will be released (13:30 GMT).

Technical analysis

USDJPY Support & Resistance Table - 12/12/2024

Support & Resistance Level Explanation
Resistance 2 153.29 Daily R2
Resistance 1 152.85 Daily R1
Support 1 151.69 Daily S1
Support 2 151.25 Daily S2

USDJPY Indicator Table - 12/12/2024

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

USDJPY Indicator / Period Table - 12/12/2024

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

USDJPY 12/12/2024 - Reference Price : 152.24

Buy
Simple Moving AverageBuy (3)Sell (0)
Technical Indicators - OscillatorsBuy (1)Sell (2)
Odd:1.38