Week 31 - 2022. Trades review and trade set ups

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: 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.


Cheers to all our member who managed to pack some profits this trading week.

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Stay safe out there and safe trading!

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