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Analysis of USD/JPY for 1h

1/24/2025

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 January 24, 2025, we can make the following analysis:

1. **Price Movement**:
- The price of USD/JPY ranged between 155.58000 and 156.49001 during the day.
- The closing price was 156.46001, showing an overall upward movement throughout the day.

2. **Technical Indicators**:
- **RSI Indicator**: The Relative Strength Index (RSI) values ranged from 42.61439 to 62.07207, indicating a mix of bullish and bearish momentum during the day.
- **MACD Indicator**: The Moving Average Convergence Divergence (MACD) histogram showed positive values, indicating a bullish momentum towards the end of the day.

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

4. **Overall Analysis**:
- The price closed higher than it opened, indicating bullish sentiment.
- The MACD histogram showed an increase in bullish momentum towards the end of the day.
- The RSI values suggest a mix of bullish and bearish momentum during the day.

In conclusion, based on the data provided, the USD/JPY pair showed signs of bullish momentum towards the end of the day on January 24, 2025, with the price closing higher and the MACD histogram showing positive values. However, the RSI values indicate a mix of bullish and bearish sentiment throughout the day.

MACD of USD/JPY

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

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