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S&P500- Correction to be expected!!!

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines, Moving Averages, CCI, Time Markers.
  • Current Level : 2009.18
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USD/JPY- BREAKOUT CONTINUATION !


Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 101.29

USD/JPY is very likely to continue its rise as the slowing recovery in Japan undermines the Bank of Japan pledge to achieve the 2% target inflation for 2015,and this deviation in the policy outlook may inflate the exchange bringing the pair to new highs as the FED recent news said it looks to taper its asset-purchase program in th
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Metal_Mind 26 Dec.

UPDATE 1; The prediction was great but the FED decision to taper sooner overboosted the USD and now the current price level 104.76 which is 210 pips above target. Nonetheless the prediction is very good .

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