USDJPY forecast bearish after Japan’s slowing core inflation report
Resumen de análisis técnico USD/JPY: Vender
| Indicador | Valor | Señal |
| RSI | Neutral | |
| MACD | Vender | |
| Donchian Channel | Neutral | |
| MA(200) | Vender | |
| Fractals | Vender | |
| Parabolic SAR | Comprar |
Análisis gráfico
The technical analysis of the USDJPY price chart on 1-hour timeframe shows USDJPY: H1 is falling under the 200-period moving average MA(200) which is falling itself. We believe the bearish movement will continue after the price breaches below the lower bound of the Donchian channel at 130.50. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 131.28. After placing the order, the stop loss is to be moved to the next fractal high 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 core consumer prices inflation slowed in February. Will the USDJPY price retreating reverse?
Japan’s core consumer prices inflation slowed in February: the Statistics Bureau reported Japan's National Core Consumer Price Index (CPI) rose 2.7% over year in February after 3.1% growth in January, when a 3% increase was expected. This is bullish for USDJPY. However, the current setup is bearish for the pair.