Analysis of USD/JPY for 1h
3/14/2025
Analysis of USD/JPY
Based on the provided data for the USD/JPY pair on a 1-hour interval, here is a short analysis:1. **Price Movement**: The price of USD/JPY has been fluctuating within a relatively narrow range, with the price closing around 148.36 in the most recent data point.
2. **Relative Strength Index (RSI)**: The RSI values indicate that the market is in a slightly overbought condition, with RSI values ranging from 42.09 to 60.50 in the last few hours.
3. **Moving Average Convergence Divergence (MACD)**: The MACD line has been fluctuating around the signal line, indicating a potential reversal in the short term. The MACD histogram has been positive, suggesting some bullish momentum.
4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all showing an upward trend, indicating a bullish bias in the market.
Overall, the USD/JPY pair seems to be in a slightly bullish phase in the short term, with some signs of potential reversal or consolidation. Traders may want to monitor the RSI, MACD, and moving averages for further confirmation of the market direction 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
