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The war between Russia and Ukraine continues, and it is difficult for the two sides to reach an agreement in negotiations. Western countries have imposed several rounds of sanctions on Russia. The outlook is unpredictable.
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The Federal Reserve (Fed), or the central bank of the United States, is responsible for regulating the U.S. monetary policy and interest rates. As a provider of liquidity for world trade, the Fed is also known as the world's central bank. Its every move affects the global economy and financial markets.
Focus on Pelosi's Taiwan Visit ! How will China-U.S. relations develop in the future, win-win cooperation or confrontation?
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Cautious stability still dominates the performance of the USD/JPY currency pair.The bulls' control of the trend will not increase, according to the performance on the daily chart below, without moving above the resistance 135.00.On the other hand, breaking the support level 131.30 will be important for control.Bears are in the trend, and whatever the results of the US inflation numbers today, I still prefer buying the currency pair from every downward level.
130.000
ENTRY PRICE
124.000
TGT PRICE
131.500
SL PRICE
1500
Points
Loss
124.000
TGT PRICE
131.500
CLOSING
130.000
ENTRY PRICE
131.500
SL PRICE
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Chandan Gupta
Analyst
BeingTrader Trading Coach & Speaker, a Technical Analyst since last 7 years. I am a charting lover.. I started my career as a P2P Crypto trader and started learning candle movements and trends all by myself. My style of trading consists of Support/Resistance, Order Blocks, Trends, very little pattern findings and Price Action.
Rank
13
Articles
7
Win Rate
33.33%
P/L Ratio
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