Dotbee.ai

Analysis of USD/JPY for 1h

2/5/2025

Analysis of USD/JPY for 1h

Analysis of USD/JPY

Based on the provided data for the USD/JPY pair on a 1-hour interval on February 4th, 2025, we can make the following analysis:

1. **Price Movement**:
- The price of USD/JPY has been fluctuating within a relatively narrow range throughout the day, with the price closing around 154.15.
- The price has been showing some downward momentum as it closed lower than it opened.

2. **Technical Indicators**:
- **RSI Indicator**: The Relative Strength Index (RSI) values have been mostly below 50, indicating a bearish sentiment in the market.
- **MACD Indicator**: The Moving Average Convergence Divergence (MACD) histogram has been mostly negative, suggesting a bearish trend.
- **Moving Averages**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all above the closing price, indicating a downward trend.

3. **Overall Analysis**:
- The technical indicators, including RSI and MACD, suggest a bearish sentiment in the market.
- The moving averages also confirm the downward trend in the price movement.
- Traders and investors may consider short-term selling opportunities or wait for a clearer trend confirmation before making any trading decisions.

Please note that this analysis is based on the provided data and should be supplemented with additional research and analysis for making informed 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
Web versionApp StoreGoogle Play

Contacts

Telephone number

+48 32 700 81 66

Email address

[email protected]

Company information

Honey Payment Group S.A. at Al. Aleje Jerozolimskie 65 / 79, 00-697 Warsaw, Poland, Register number KRS 0000335507, NIP 5252859204, REGON 388760204. Honey Payment Group is listed on the Warsaw Stock Exchange (WSE) under the ticker symbol HPG. Link