Dotbee.ai

Analysis of USD/JPY for 15min

7/11/2024

Analysis of USD/JPY for 15min

Analysis of USD/JPY

The USD/JPY pair has been trading in a relatively narrow range over the past few hours, with prices fluctuating between 161.545 and 161.765. The Relative Strength Index (RSI) values have been hovering around the mid-range, indicating a balanced market sentiment.

The Moving Average Convergence Divergence (MACD) indicator shows a slight positive momentum, with the MACD line crossing above the signal line. This suggests a potential bullish bias in the short term.

The Moving Average (MA) indicator is also showing an upward trend, with the Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) all pointing towards higher price levels.

Overall, the technical indicators suggest a slightly bullish outlook for the USD/JPY pair in the near term. However, traders should continue to monitor price action and key support/resistance levels for potential trading opportunities.

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