{"id":169249,"date":"2020-04-23T13:47:20","date_gmt":"2020-04-23T17:47:20","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=169249"},"modified":"2020-04-23T10:49:09","modified_gmt":"2020-04-23T14:49:09","slug":"usdjpy-analysis-usdjpy-falls-despite-weak-japanese-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/04\/usdjpy-analysis-usdjpy-falls-despite-weak-japanese-data\/","title":{"rendered":"USDJPY Analysis: USDJPY falls despite weak Japanese data"},"content":{"rendered":"
April 23, 2020<\/div>
\r\n<\/div><\/div>

By IFCMarkets<\/a><\/strong><\/p>\n

USDJPY falls despite weak Japanese data<\/strong><\/p>\n

Japan\u2019s manufacturing sector contraction broadened in April: Markit\u2019s manufacturing PMI fell to 43.7 from 44.8 in March. Readings above 50.0 indicate industry expansion, below 50 indicate contraction. This is bullish for USDJPY, but the technical setup is still bearish.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Indicator<\/th>\nVALUE<\/th>\nSignal<\/th>\n<\/tr>\n<\/thead>\n
MACD<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Stochastic<\/td>\n<\/td>\nBuy<\/td>\n<\/tr>\n
Donchian Channel<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
MA(200)<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Fractals<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n
Parabolic SAR<\/td>\n<\/td>\nSell<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Summary of technical analysis<\/h2>\n\n\n\n\n\n
Order<\/b><\/td>\nSell<\/td>\n<\/tr>\n
Buy stop<\/b><\/td>\nBelow 107.45<\/td>\n<\/tr>\n
Stop loss<\/b><\/td>\nAbove 107.85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Market Analysis provided by IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By IFCMarkets USDJPY falls despite weak Japanese data Japan\u2019s manufacturing sector contraction broadened in April: Markit\u2019s manufacturing PMI fell to 43.7 from 44.8 in March. Readings above 50.0 indicate industry expansion, below 50 indicate contraction. This is bullish for USDJPY, but the technical setup is still bearish. Indicator VALUE Signal MACD Sell Stochastic Buy Donchian […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-169249","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=169249"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169249\/revisions"}],"predecessor-version":[{"id":169256,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/169249\/revisions\/169256"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=169249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=169249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=169249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}