Analysis of USD/JPY for 1h
1/29/2025
Analysis of USD/JPY
Based on the provided data for the USD/JPY pair on a 1-hour interval:1. **Price Movement**: The price of USD/JPY has been fluctuating within a relatively narrow range, with the price closing around 155.24. The price has been moving between 155.00 and 155.61 during the analyzed period.
2. **Relative Strength Index (RSI)**: The RSI values have been fluctuating between 39.50 and 51.24, indicating a moderate level of price momentum. The current RSI value is around 48.03, suggesting a balanced market sentiment.
3. **Moving Average Convergence Divergence (MACD)**: The MACD line has been hovering around -0.07, with the signal line at around -0.05. The negative MACD histogram values indicate a bearish momentum, although the histogram values have been decreasing, which might suggest a weakening bearish trend.
4. **Moving Averages (MA)**: The Simple Moving Average (SMA) is at 155.36, Exponential Moving Average (EMA) at 155.31, and Weighted Moving Average (WMA) at 155.31. The price is currently below the SMAs, indicating a short-term bearish sentiment.
5. **Overall Analysis**: The USD/JPY pair seems to be consolidating within a tight range, with no clear trend direction. The RSI and MACD indicators suggest a neutral to slightly bearish sentiment. Traders may look for a breakout above 155.61 or below 155.00 for potential trading opportunities.
Please note that this analysis is based on the provided data and should be supplemented with additional information for a comprehensive trading decision.
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
