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Analysis of USD/JPY for 1h

2/4/2025

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 4, 2025, we can make the following analysis:

1. **Price Movement**:
- The price of USD/JPY ranged between 154.17999 and 155.39000 during the day.
- The closing price was 155.25999, showing an overall upward movement throughout the day.

2. **Relative Strength Index (RSI)**:
- The RSI values ranged from 28.75706 to 54.54624, indicating fluctuations in the momentum of price movements.
- The RSI values suggest that the market was not consistently overbought or oversold during the day.

3. **Moving Average Convergence Divergence (MACD)**:
- The MACD line was negative for most of the day, indicating a bearish trend.
- The MACD histogram showed negative values, suggesting a bearish momentum in the market.

4. **Moving Averages (MA)**:
- The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) values were relatively close to each other, indicating a stable trend.

5. **Overall Analysis**:
- The price closed higher than it opened, indicating bullish momentum.
- The RSI values suggest mixed sentiment in the market.
- The MACD indicators point towards a bearish trend.
- Moving averages show a stable trend with minor variations.

In conclusion, the USD/JPY pair showed a mix of bullish and bearish signals on February 4, 2025, with the price closing higher but with some indicators pointing towards a bearish trend. Traders may need to consider these mixed signals and further market analysis before making trading decisions.

MACD of USD/JPY

This is not investment advice. Remember to verify the information provided here.

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