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[Week 31 - 2022] Trades Recap and Trade Setups

Updated: Sep 20

Hey Traders,


Its the month end again and we see the stock indices closed off the week in the green. The key concern right now is that the US is could be entering a stagflation as inflation rises with low unemployment rate. Well at least its better than hyperinflation right? The upcoming economic release is heavy. Expect volatility.



Upcoming Economic Release:

(Credit: ForexFactory.com Time: +8 GMT)



Dollar Index (DXY)



Spot Gold (XAU/USD)


Trade Recap


No Updates



Trade Analysis / Setups


USD/JPY (Analysis 31-1)

Short opportunity: Break and retest confirmation at 132.42 region towards 127.626 as Take Profit - 1 level.



AUD/JPY (Analysis 31-2)

Long opportunity: Reversal confirmation at 92.485 support region towards 94.109 as Take Profit - 1 level.



EUR/JPY (Analysis 31-3)

Long opportunity: Reversal confirmation at 132.06 support region towards 196.938 as Take Profit - 1 level.



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