By IFCMarkets
Rising current account surplus in Japan bullish for USDJPY
Current account surplus rose in Japan in February: current account surplus rose to 2.38 trillion yen from 1.63 trillion in January, when a decline to 2.02 trillion yen was forecast. This is bullish for USDJPY.
| Indicator | VALUE | Signal |
|---|---|---|
| MACD | Buy | |
| Stochastic | Neutral | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 109 |
| Stop loss | Below 108.6 |
Market Analysis provided by IFCMarkets