24 November 2021, USD/JPY
USDJPY trading plan:
Wall Street banks are planning for a sustained period of higher inflation. U.S. consumer prices this month posted their biggest annual gain in 31 years, driven by surges in the cost of gasoline and other goods. Higher inflation is generally seen as a positive for banks, raising net interest income and boosting profitability. U.S. 30-year Treasury yields were not far from their highest level since late-Oct hit earlier this month. There's a risk that the Fed may speed up tapering (of its bond-buying stimulus programme) and that in turn means the timetable for tightening may be brought forward, contributing to the stronger dollar.
Investment idea: Buy 114.80 and take profit 115.33.
One of the highest demand products in FreshForex is invest-portfolios. Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts.
This is the 10-portfolio developed by FreshForex specialists. Each of the previous nine portfolios showed positive results, with a total return of 110,7%.
2 steps to get the Invest-portfolio:
✔ Make a deposit of $90 or more until November 29. You fully use these funds in trading.
✔ Send a request to [email protected] with your account number funded.