Analysis of USD/JPY for 15min
10/2/2024
Analysis of USD/JPY
The USD/JPY pair has been showing an upward trend based on the recent 15-minute candlestick data. The Relative Strength Index (RSI) values have been consistently high, indicating overbought conditions. The Moving Average Convergence Divergence (MACD) indicator also shows positive values, suggesting bullish momentum.The closing prices have been increasing gradually, with the latest closing price at 145.97501. The prices have been consistently above the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) indicators, indicating a strong bullish trend.
Overall, based on the RSI, MACD, and moving averages, the USD/JPY pair seems to be in a strong bullish phase in the short term. Traders may consider looking for buying opportunities or holding onto long positions based on this analysis.
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
