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The first week of 2018 will bring a fresh boost of energy thanks to financial markets in a number of important events. In the U.S., the labor report can help answer the question of wage pressure inflation will provide pick-up. The FOMC meeting minutes can reveal what the Fed is planning to do next. the situation of the global economy will be evaluated with the help of PMI readings from China, England and the United States. Also keep an eye on the euro hicp inflation. Main events: Monday: • No si…
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My new article about PA reading insights
This month I submitted a very sepcial article, where I'm explaining an alternative view about how future ranges and exact turning points can be predeterminted using risk to reward conditionality and projected Fibonacci sequence.
Link to the article
Link to the article
Forecast on USDJPY to 28.10. Price Action.
USDJPY
On the pair USDJPY the price formed the pattern of Pin- bars with the support to level 96,940 possibly the start of price upward into region 98.740. Into transactions it should be entered according to the rules of pattern.
On the pair USDJPY the price formed the pattern of Pin- bars with the support to level 96,940 possibly the start of price upward into region 98.740. Into transactions it should be entered according to the rules of pattern.