Maybe I have it wrong but if theres indication that they will most likely be putting steps in place to have a 3% inflation target, id expect a pump upwards.
If it looks like its still up in the air then the opposite.
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DislikedWont it depend on tomorrows BOJ announcement, release of minutes etc?
Maybe I have it wrong but if theres indication that they will most likely be putting steps in place to have a 3% inflation target, id expect a pump upwards.
If it looks like its still up in the air then the opposite.Ignored
DislikedThe 3% inflation thing is from Abe a election candidate so it is a proposal if he gets elected.
I think a big thing is the BOJ head finishes his term in april and if Abe gets elected he has said he will appoint someone who will ease in unlimited quantitiesIgnored
DislikedYeah I was reading something just a few moments ago about April and if Abe is elected in.
I see theres some price adjustment on the expectation he will get in and make changes.
A long road between now and April though so id expect stronger movements then in the months ahead assuming opinion polls and sentiment remains the same.Ignored
DislikedCleared the chart, again we are trying to break major bearish trend line on daily, if it will hold and get confirmed by tomorow candle- strong bullish signal, i am going long again, was swaping trades last few days betwen 79.2x and 79.5x, got some nice pips from it, now it is time for longer possition.Ignored
DislikedThe Weekly trend line is breached, so imo the trend has shifted from down and I see it above 83 in 1 month tops , I closed at 81.200 all my longs from 78 .
Play the numbers right, open in cascade and you will be right and dandy, cheers !
P.S: 80.70 is again a place to enter LONGIgnored
Dislikedbouncing off the 61.8% daily retracement (too lazy to post chart but you know what i mean)
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