By IFCMarkets
Falling Japanese GDP bullish for USDJPY
Japan’s Q4 GDP fell 6.3% over year in 2019, much sharper than expected, following an 1.6% upwardly revised growth in Q3. This is bearish for Japanese yen against the dollar.
| Indicator | VALUE | Signal |
|---|---|---|
| Stochastic | Sell | |
| MACD | Buy | |
| Donchian Channel | Buy | |
| MA(200) | Buy | |
| Fractals | Buy | |
| Parabolic SAR | Buy |
| Order | Buy |
| Buy stop | Above 109.89 |
| Stop loss | Below 109.80 |
Market Analysis provided by IFCMarkets