Dotbee.ai

Analysis of USD/JPY for 15min

11/29/2024

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 149.63.

2. **Relative Strength Index (RSI)**: The RSI indicator is showing values around 33.95 to 36.77, indicating that the market may be approaching oversold conditions. However, it is important to consider other factors for confirmation.

3. **Moving Average Convergence Divergence (MACD)**: The MACD indicator is negative, with values ranging from -0.123 to -0.146. The MACD line is below the signal line, suggesting a bearish momentum in the market.

4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all above the current price, indicating a downward trend in the short term.

Overall, the USD/JPY pair seems to be in a bearish phase based on the MACD indicator and moving averages. Traders may consider waiting for further confirmation from other technical indicators 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 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