Dotbee.ai

Analysis of USD/JPY for 15min

8/1/2024

Analysis of USD/JPY for 15min

Analysis of USD/JPY

Based on the provided data for the USD/JPY currency pair on a 15-minute interval:

1. **Price Movement**: The price of USD/JPY has been fluctuating within a relatively narrow range, with the price closing around 149.70 to 150.13 during the recorded time intervals.

2. **Relative Strength Index (RSI)**: The RSI values range from around 38 to 48, indicating that the market is neither significantly overbought nor oversold. This suggests a balanced momentum in the price movement.

3. **Moving Average Convergence Divergence (MACD)**: The MACD line is below the signal line, with negative values for the MACD histogram. This indicates a bearish signal and potential downward pressure on the price.

4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) values are relatively close to each other, suggesting a stable trend in the price movement.

5. **Overall Analysis**: The USD/JPY pair seems to be consolidating within a tight range, with no clear directional bias. Traders may need to wait for a breakout or further confirmation from other technical indicators before making trading decisions.

Please note that this analysis is based on the provided data and should be supplemented with additional information for a more comprehensive assessment.

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 Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link