Analysis of USD/JPY for 15min
8/12/2024
Analysis of USD/JPY
Based on the provided data for the USD/JPY currency pair at 15-minute intervals on August 12, 2024, we can make the following analysis:1. **Price Movement**: The price of USD/JPY fluctuated between 147.07001 and 147.33501 during the recorded time intervals.
2. **Relative Strength Index (RSI)**: The RSI values ranged from 35.88 to 44.95, indicating a slightly bearish sentiment in the market.
3. **Moving Average Convergence Divergence (MACD)**: The MACD values were negative throughout the intervals, suggesting a bearish trend in the short term.
4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) values were relatively close to each other, indicating a stable trend.
5. **Overall Analysis**: The USD/JPY pair seems to be in a slightly bearish phase based on the RSI and MACD indicators. However, the moving averages show a stable trend without significant divergence. Traders may consider monitoring the price levels for potential entry or exit points.
Please note that this analysis is based on the provided data and should be supplemented with additional information for a comprehensive trading decision.
MACD of USD/JPY
This is not investment advice. Remember to verify the information provided here.
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