Dotbee.ai

Analysis of USD/JPY for 15min

7/11/2024

Analysis of USD/JPY for 15min

Analysis of USD/JPY

Based on the provided data for the USD/JPY pair on a 15-minute interval, here is a short analysis:

1. **Price Movement**: The price of USD/JPY has been fluctuating within a relatively narrow range, with the price closing around 161.62500.

2. **Relative Strength Index (RSI)**: The RSI values indicate that the market is not strongly overbought or oversold, hovering around the mid-range, suggesting a balanced market sentiment.

3. **Moving Average Convergence Divergence (MACD)**: The MACD line is below the signal line, indicating a bearish signal. The MACD histogram is negative, suggesting a potential downward momentum.

4. **Moving Averages (MA)**: The closing price is below the MA indicator, which could indicate a bearish trend.

5. **Summary**: Overall, the indicators suggest a slightly bearish sentiment in the short term for the USD/JPY pair. Traders may consider monitoring for potential selling opportunities or a further confirmation of the bearish trend before making trading decisions.

MACD of USD/JPY

This is not investment advice. Remember to verify the information provided here.

Get access to the full analysis

  • Over 35 000 indexes
  • CFD, Forex, Crypto and Stocks Exchange
  • Over 150 Indicators
  • Pattern and candle analysis
  • Support and resistance levels
  • Fundamental, technical and sentimental analysis
  • Power from AI
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment S.A. at ul. Nowy Swiat 33/13, 00-029 Warsaw, Poland, Register number KRS 0000895826, share capital in the amount of 201.4 mln PLN, NIP 5252859204, REGON 388760204