headandshoulders
supportandresistance
trendanalysis
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Potential Head and shoulders developing on the Daily chart for USDJPY. Expecting move to $140 if Japan hints a move away from negative rates.
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After hitting $2200, expecting next PA to move to $2010. Interest rates unlikely to be cut short term given higher than expected inflation and strong US economy. Election year possibly will see some inflow into stocks which will take away the attractiveness of gold for a while.
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