In today’s Asian trading session, the US Dollar recorded a modest increase against the Japanese Yen, crossing the 155.000 threshold. This movement reflects a relatively calm day in the financial markets, with no significant economic announcements expected from either Japan or the United States.
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Technical analysis
Time Frame: 1 hour
USDJPY Support & Resistance Table – 13/05/2024
| Support & Resistance | Level | Explanation |
| Resistance 2 | 156.41 | Daily R2 |
| Resistance 1 | 156.15 | Daily R1 |
| Support 1 | 155.47 | Daily S1 |
| Support 2 | 155.21 | Daily S2 |
USDJPY Indicator Table – 13/05/2024
| Indicator | Signal |
| SMA 20 | Buy |
| SMA 50 | Buy |
| SMA 100 | Buy |
| MACD( 12;26;9) | Buy |
| RSI (14) | Buy |
| Stochastic ( 9;6;3) | Neutral |
USDJPY Indicator / Period Table – 13/05/2024
| Indicator / Period | Day – Buy | Week – Buy | Month – Buy |
| MACD( 12;26;9) | Buy | Buy | Buy |
| RSI (14) | Buy | Buy | Buy |
| SMA 20 | Buy | Buy | Buy |
USDJPY 13/05/2024 – Reference Price : 155.80
| BUY | Simple Moving AverageBuy (3)Sell (0)Technical Indicators – OscillatorsBuy (2)Sell (0) |
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