CHFJPY I Expect to fall further toward next supportWelcome back! Let me know your thoughts in the comments!
** CHFJPY Analysis - Listen to video!
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Yenindex
Japanese Yen Index Key Trading PlanJapanese Yen Index is currently on sideways. The price is most likely to consolidate before making a new momentum trend. Whether its upward or downward trend, we have yet to see if the price breaks the key resistance level of 94 (upside movement) or breaks the support level at 92 (downside movement).
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Long Term Outlook Yen Feb 14 2018The Yen experienced upheaval in late 2017. Foreign industrial orders for cars and durable goods affect the volatility heavily during times of trade. Now is no different, When you have a stronger currency then it implies that stocks will be at more of a bargain. As stock prices gauge the power of a currency. The increasing separation between Topix prices correlation to the value of Yen. I see these upcoming meetings smoothing out the exchange rate long term. As there won't be any negative correlation between Japanese stocks and the value of the Yen. And instead will proceed to the usual industrial orders months later.
YEN Index - expected waves countsHello traders
I expect yen yo start retracement soon unless it break the in validation level
Thanks