An upward movement signifies a weakening of the Japanese yen against the US dollar. In Japan, carriers of both "British" N501Y and "South African" strains of E484K coronavirus have been detected, and the number of patients has also increased. Last week, Japanese Prime Minister Yoshihide Suga declared a state of emergency and quarantine in Tokyo and neighboring prefectures. It will last from January 8 to February 7. Currently, there are about 280 thousand people infected with coronavirus in Japan. Of these, 220 thousand people recovered and 4 thousand died. On Tuesday in Japan, the indicators of business activity Eco Watchers are released, on Thursday - industrial orders and on Friday - the indicator of business activity in the service sector (Tertiary Industry Index). These data may affect the dynamics of the yen.
| Indicator | VALUE | Signal |
|---|
| RSI | | Buy |
| MACD | | Buy |
| MA(200) | | Neutral |
| Fractals | | Neutral |
| Parabolic SAR | | Buy |
| Bollinger Bands | | Buy |
Summary of technical analysis
| Order | Buy |
| Buy stop | Above 104,4 |
| Stop loss | Below 102,4 |