An upward movement signifies the weakening of the Japanese yen against the US dollar. This week, Japan will release various economic indicators every day. Tokyo Core CPI for September will be released on Tuesday, Retail Sales, Housing Starts and Industrial Production for August – on Wednesday, Tankan Large Manufacturers Index (indicator of industrial activity) for the 3rd quarter – on Thursday, Unemployment Rate (unemployment) for August and Consumer Confidence (indicator of consumer confidence) for September – on Friday. Most preliminary forecasts are weak, which could negatively affect the yen. Non-Farm Payrolls publication on Friday may become the main economic event of the week in the United States.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Buy | |
| MACD | Sell | |
| MA(200) | Neutral | |
| Fractals | Neutral | |
| Parabolic SAR | Buy | |
| Bollinger Bands | Neutral |
| Order | Buy |
| Buy stop | Above 106,6 |
| Stop loss | Below 103,9 |
Market Analysis provided by IFCMarkets.com
By Conor Harrison, University of South Carolina A corporate merger that would form the largest…
By RoboForex Analytical Department GBPUSD is attempting to stabilise near 1.3317 on Thursday morning. The…
By JustMarkets The US stock market closed in negative territory, reacting to the results of…
By Sanya Carley, University of Pennsylvania; Alexandra Klass, University of Michigan; Alison L. Knasin, University…
By Matt Motta, Boston University and Robert Ralston, University of Birmingham Arrests for betting on…
By Andrew Muhammad, University of Tennessee and Charles Martinez It’s summer grilling season, but for…
This website uses cookies.