By IFCMarkets
Declining consumer prices in Japan bullish for USDJPY
Core consumer prices declined in Japan in April: core CPI declined 0.1% in April after 0.1% increase in March, when no change was expected. This is bullish for USDJPY.
| Indicator | VALUE | Signal |
|---|---|---|
| RSI | Buy | |
| MACD | Buy | |
| Donchian Channel | Buy | |
| Fractals | Neutral | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 107.73 |
| Stop loss | Below 107.43 |
Market Analysis provided by IFCMarkets