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Thread: Usd/jpy analysis

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    Default Usd/jpy analysis

    Looking at the USD/JPY pair for 4 hours, it is noticeable that it is gaining some pips at the price level of 134.75 Should there be a continuous appreciation in the price, the next resistance level will be 135.15 with the next support level at 134.60.

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    I am actually flexible about using leverage because I observe market condition and then extend lot size. When the market is slow and I have a near sure forecast, I use big leverage. FXOpulence provides 1:500 leverage, narrow trading spread and decent amount of margin to traders.

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    Forex trading can be a rewarding profession for those with strong discipline, patience, and risk management skills. It offers flexibility and independence, but it’s also highly volatile and stressful. Success requires continuous learning, emotional control, and a solid strategy. It’s not for everyone, but it can be profitable. LQDFX’s free educational resources and other facilities are helpful for better trading.

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