Analysis of USD/JPY for 15min

10/31/2024

Analysis of USD/JPY

Based on the provided data for the USD/JPY currency pair on a 15-minute interval, here is a short analysis:

1. **Price Movement**: The closing prices have been fluctuating between 152.015 and 152.060, with the latest closing price at 152.015. This indicates some volatility in the market.

2. **Relative Strength Index (RSI)**: The RSI values range from 33.21 to 42.59, suggesting that the market is not strongly overbought or oversold. The latest RSI value is 35.71, indicating a moderate level.

3. **Moving Average Convergence Divergence (MACD)**: The MACD line has been negative, with values ranging from -0.10571 to -0.16090. The MACD histogram has been fluctuating around 0, indicating some indecision in the market momentum.

4. **Moving Averages (MA)**: The Simple Moving Average (SMA) and Exponential Moving Average (EMA) have been calculated, with the latest EMA at 152.32385. The prices have been mostly below the EMA, indicating a potential bearish trend.

5. **Weighted Moving Average (WMA)**: The WMA values have also been provided, with the latest WMA at 152.27415. Similar to the EMA, the prices have been below the WMA, suggesting a bearish bias.

Overall, the market for USD/JPY on a 15-minute interval appears to be experiencing some volatility with a slightly bearish bias, as indicated by the moving averages and MACD values. Traders may want to exercise caution and look for confirmation signals before making any trading decisions.