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The U.S. dollar was seen trading mixed on Monday

KashifAnjum Publier 17 juillet dans #Trader's blog

The U.S. dollar was seen trading mixed on Monday. Economic data was supportive of the greenback. The U.S. retail sales report showed that headline retail sales increased 0.5% on the month while core retail sales rose 0.4%.
The U.S. Empire State Manufacturing index was seen rising to 22.6 on the index, up from 20.3 which was forecast but lower than 25.0 from the previous report.
In the overnight trading session, the quarterly inflation report from New Zealand showed that consumer prices advanced …

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Last week on the USD/JPY

KashifAnjum Publier 16 juillet dans #Trader's blog

Last week on the USD/JPY we finally ended a technical pattern, which was present on the charts since the 2013. Breakout from this formation is in the same time an ultimate trading opportunity, which should be profitable for the next weeks or even months and can bring us thousands of pips.
This trading opportunity is buying USD/JPY and signal is still fresh as it was created by the W1 candlestick from the last week. That candle is a bullish marubozu, which breaks the upper line of the symmetric …

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