Steemberg: Trading recommendation USD/JPY
STEEMBERG PREDICTION SIGNALS
Today published data on the GDP of Japan for the third quarter of 2016.
Despite the fact that data were significantly worse than expected, the market reaction was muted.
It is possible to expect continuation of growth in the USDJPY pair trading day on the basis of either the end of the trading week.
Against this background, open a transaction for the purchase of levels: 113.260 - 113.600.
Stop / Loss: 112,780.
Take / Profit: 114,000 - 114,500.
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This material does not constitute and should not be understood as not to constitute investment advice or a recommendation to buy or sell any financial instrument nor the Council with implementing any transaction nor any other legal act. Published Steemberg information obtained from sources believed to be reliable and accurate, but there is no guarantee that this is the case. Information, data or opinions contained herein are subject to change without notice.
Steemberg team bears no responsibility or guarantee the accuracy, timeliness, adequacy and completeness of the material nor for any loss or damage of any kind, including without limitation, loss of profit, which may arise directly or indirectly from use of or reliance on the material .
Past or simulated achievements of the past is not a reliable indicator of future results, as no indicator forecasts are not a reliable guide to future developments. The published material is not prepared in accordance with the legal provisions already promoting the independence of investment research and is not subject to any prohibition is already an expansion of investment research.
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