USDJPY forecast bullish after Japan’s services prices inflation report
Resumen de análisis técnico USD/JPY: Comprar
| Indicador | Valor | Señal |
| RSI | Neutral | |
| MACD | Comprar | |
| Donchian Channel | Neutral | |
| MA(200) | Comprar | |
| Fractals | Neutral | |
| Parabolic SAR | Comprar |
Análisis gráfico
The technical analysis of the USDJPY price chart on 1-hour timeframe shows USDJPY: H1 is rising above the 200-period moving average MA(200) after testing it. We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 129.98. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 129.02. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Análisis fundamental de -
Japan’s services prices inflation slowed in December. Will the USDJPY price retreating reverse?
Japan’s services prices inflation slowed in December: the Bank of Japan reported Japan's Services Producer Price Index (SPPI) rose 1.5% over year in December after 1.7% growth in November, when a 1.6% increase was expected. This is bullish for USDJPY.