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The new rally

Hello traders,
The yen has started strong depreciation due to rumors that japanese bank will resume stimulus program. I have entered several orders to test how big correction they can make (GBP/JPY, USD/JPY, EUR/JPY and AUD/JPY) but there was not enough acceleration force to let me leave the opened positions.
I suppose I will wait to see how far the main pair- USD/JPY can go and if it breaks 105 than I suppose I will search for new corrections to go with the trend up. The problem is that Japanes…
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Will yen leave the gravitation?

Hello traders
There are some signs of USD/JPY leaving the gravitational force of level 120. There is something similar to a double bottom formed. Everything depends on FOMC statement this month which will give a clue on possible interest rate hike in December. There are no signs of Japan stopping their stimulus program so if the price exceeds 4-5% (125-126) there will be clear sign for new bullish momentum. On less than 3% jump the attraction of 120 will still be in play. We must follow the indi…
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The ADP day

Hello traders,
Currently traders, investors and other moneymakers, are waiting for the ADP employment announcment which means that the market is thin and Volumes are small before the large liquidity inject the market.
Until now we can see EUR/USD has a Bearish channel with a possible reversal, USD/JPY, GBP/USD ( first is up, second has rised during Markit/CIPS and sharply fall afterwards )
Shortly there are a lot of Bulls for USD and only if a worst than expected numbers come the US dollar can f…
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