Analysis of USD/JPY
Based on the provided data for the USD/JPY pair on a 4-hour interval:
1. **Price Movement**: The price of USD/JPY has been fluctuating within a relatively narrow range, with the price closing around 150.74 in the most recent data point.
2. **Relative Strength Index (RSI)**: The RSI values have been hovering around the mid-range, indicating a balanced market sentiment without any extreme overbought or oversold conditions.
3. **Moving Average Convergence Divergence (MACD)**: The MACD line has been showing slight fluctuations around the signal line, suggesting a potential shift in momentum but without a clear trend direction.
4. **Moving Averages (MA)**: The Simple Moving Average (SMA), Exponential Moving Average (EMA), and Weighted Moving Average (WMA) are all in close proximity to each other, indicating a consolidation phase in the price movement.
5. **Overall Analysis**: The USD/JPY pair seems to be consolidating within a tight range, with no significant trend direction evident based on the RSI, MACD, and moving averages. Traders may need to wait for a clearer signal or breakout before making trading decisions.MACD of USD/JPY
