{"id":22623,"date":"2009-06-16T16:39:24","date_gmt":"2009-06-16T20:39:24","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=3544"},"modified":"2009-06-16T16:39:24","modified_gmt":"2009-06-16T20:39:24","slug":"usdjpy-upward-correction-taking-place","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/06\/16\/usdjpy-upward-correction-taking-place\/","title":{"rendered":"USD\/JPY Upward Correction Taking Place"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>&#8211; Below is the hourly chart for the <a href=\"http:\/\/www.forexyard.com\/en\/trading\/usd-jpy\">USD\/JPY<\/a>.<\/p>\n<p>&#8211; The indicators used are the Slow Stochastic and RSI.<\/p>\n<p>&#8211; Point 1: The Slow Stochastic indicates an impending bullish cross, which may signal an upward movement is going to occur in the near future.<\/p>\n<p><span id=\"more-3544\"><\/span>&#8211; Point 2: RSI signals that the price of this pair currently floats in the over-sold territory, indicating upward pressure.<\/p>\n<p>&#8211; The volatile downward movement which occurred prior to this upward correction has generated these indicators, and there appears to be room for this correction to continue.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2009\/06\/usdjpy-anton.jpg\" alt=\"usdjpy-anton\" title=\"usdjpy-anton\" width=\"525\" height=\"764\" class=\"alignnone size-full wp-image-3545\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p> &#8211; Below is the hourly chart for the USD\/JPY.<br \/>\n&#8211; The indicators used are the Slow Stochastic and RSI.<br \/>\n&#8211; Point 1: The Slow Stochastic indicates an impending bullish cross, which may signal an upward movement is going to occur in the near future.<br \/>\n&#8211; Point &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22623","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22623"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22623\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}