{"id":172076,"date":"2020-06-12T11:45:29","date_gmt":"2020-06-12T15:45:29","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=172076"},"modified":"2020-06-12T09:05:39","modified_gmt":"2020-06-12T13:05:39","slug":"usdjpy-analysis-japans-industrial-production-downgrade-bullish-for-usdjpy","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/06\/usdjpy-analysis-japans-industrial-production-downgrade-bullish-for-usdjpy\/","title":{"rendered":"USDJPY Analysis: Japan\u2019s industrial production downgrade bullish for USDJPY"},"content":{"rendered":"<div id=\"inves-1082514270\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">June 12, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Japan\u2019s industrial production downgrade bullish for USDJPY<\/strong><\/p>\n<p class=\"emailSummary\">Japan\u2019s industrial production for April was downgraded: the final estimate was downgraded to -9.8% from -9.1% of preliminary estimate, following a 3.7% decline in March. This is bullish for USDJPY.<\/p>\n<table class=\"analys_tbl\" style=\"padding: 5px 0; border: 1px solid #698da6; border-collapse: collapse;\" cellspacing=\"0\" cellpadding=\"2\" align=\"center\">\n<thead id=\"datapart\">\n<tr>\n<th>Indicator<\/th>\n<th>VALUE<\/th>\n<th>Signal<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">RSI<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Neutral<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">MACD<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Donchian Channel<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">MA(200)<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Sell<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Fractals<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Parabolic SAR<\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\"><\/td>\n<td class=\"indicator-signal\" style=\"border-bottom: 1px solid #698da6; padding: 5px;\">Buy<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2 class=\"emailSummary\">Summary of technical analysis<\/h2>\n<table class=\"recommendation\" style=\"padding: 5px 0; border: 1px solid #698da6; border-collapse: collapse;\" cellspacing=\"0\" cellpadding=\"2\" align=\"center\">\n<tbody>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Order<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Buy<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Buy stop<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Above 107.55<\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\"><b>Stop loss<\/b><\/td>\n<td style=\"border-bottom: 1px solid #698da6; padding: 5px;\" align=\"left\" valign=\"top\">Below 106.77<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Japan\u2019s industrial production downgrade bullish for USDJPY Japan\u2019s industrial production for April was downgraded: the final estimate was downgraded to -9.8% from -9.1% of preliminary estimate, following a 3.7% decline in March. This is bullish for USDJPY. Indicator VALUE Signal RSI Neutral MACD Buy Donchian Channel Buy MA(200) Sell Fractals Buy Parabolic SAR [&hellip;]<\/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-172076","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172076","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=172076"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172076\/revisions"}],"predecessor-version":[{"id":172080,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/172076\/revisions\/172080"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=172076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=172076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=172076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}